CLM believes that the agreement between the EU and the US to abolish tariffs is "great news" for farmers and ranchers

Published Mar 6, 2021

Tridge summary

The European Union and the United States have reached a temporary agreement to suspend tariffs on agri-food products, including wine, olive oil, and Manchego cheese, for the next four months. This development is welcomed by Francisco Martínez Arroyo, the Minister of Agriculture, Water and Rural Development, who views it as a positive step towards fair trade negotiations. Additionally, the article highlights the payment of 2.4 million euros for the first tranche of coupled aid for nuts in Castilla-La Mancha, a region in Spain, indicating significant support for farmers. The article also mentions a meeting between the regional government, the Minister of Agriculture, Fisheries and Food, Luis Planas, and Professional Agrarian Organizations and Agrifood Cooperatives, discussing the alignment with the new Common Agricultural Policy (CAP) for convergence in 2023 to improve farmers' income.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

TOLEDO, Mar 6 (EUROPA PRESS) - The Minister of Agriculture, Water and Rural Development, Francisco Martínez Arroyo, has expressed his satisfaction with the temporary agreement reached this Friday between the European Union and the United States to abolish the 25 percent tariffs to wine, olive oil or Manchego cheese, given the relevance of this market for these products of excellence, especially for cheese. Speaking this Saturday on the Agropopular radio program, Martínez Arroyo stressed that it is "very good news" to now have four months of "truce" without tariffs and that "they allow two loyal and reliable trade partners to negotiate" such as the Union Europe and the United States, as reported by the Board in a press release. In this regard, he stressed that he is "sure" that "an optimal result for our farmers and ranchers" will be achieved. It was late in the afternoon on Friday when the European Union and the United States announced an agreement to temporarily suspend for four ...

Source: europapress