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Monday, 21 November 2016

EC study on impact of future EPAs on agriculture

The European Commission today presented to EU agriculture ministers the conclusions of a study on the cumulative effects of 12 future trade agreements on the agri-food sector, including specific results for producer prices and production volumes for a range of products accounting for 30% of the value of the EU exports in the sector. The study illustrates the potential for European agricultural products on the world market, while at the same time also showing the sensitivity of specific agricultural sectors. Detailed knowledge on the potential impacts will allow the Commission to make informed choices during the negotiation process. Due to the limitations of the available methodologies, the range of agricultural products for which the study provides more detailed analysis is not exhaustive. Possible gains for important products having significant export potential - like fruit and vegetables, wine, olive oil and processed foods in general (accounting for 70% of EU agri-food export value) - could not be quantified in detail nor the gains of improved protection for Geographical Indications.

Source: trade.ec.europa.eu