World Perspectives

Ukraine Blows up CAP; Watered Down Trade Policy; Experts Have Value

Ukraine Blows Up CAP Some are worried about the impact of Ukraine joining the EU and specifically if it becomes part of the Common Agricultural Policy. Ukraine would produce 18 percent of the EU’s wheat and 57 percent of its sunflower seeds. Its production area is relatively huge and could consume a lot of subsidies. One study said it would require so much of the CAP’s resources that the rest of the member states would have to take a 20 percent cut to keep within the overall budget. Others contend that Ukraine joining the CAP would present the opportunity to end legacy policies and rewrite the directive in a more thoughtful way. Either way, farm policy will be a big issue on Ukraine’s accession to the single market. ...

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