Overall, the average UK household of four could be around £1,450 (€2,175; $2,600) per year better off in ten years’ time, compared to £1,360 (€2,020; $2,436) across the EU on average, if all global trade were liberalised, including removal of the C[ommon] A[gricultural] P[olicy], and the government and EU monies devoted to the CAP were spent instead on R&D. Source: Open EuropeThe CAP diverts funds from the poor to wealthy landowners and trans-national agribusiness corporates, so getting rid of the CAP would benefit the poor disproportionately.
22 October 2005
Shock News: CAP rips off Europeans
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