CAP Reform – an explanation of the main elements

The Commission has today published proposals for Four basic Council regulations for the Common Agriculture Policy – i) on Direct Payments, ii) the Single Common Market Organisation (CMO), iii) Rural Development and, iv) a Horizontal Regulation for financing, managing and monitoring the CAP. In addition, there are 3 smaller regulations to address transition arrangements to the new rules. The package also contains: An Explanatory Memorandum; Citizens Summary; and Annexes linked with different aspects of the Impact Assessment.