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EU: New Cotton Subsidies Proposed
Nov. 26, 2007
The revised system provides more support to regions where cotton is a more economically important crop. National areas eligible for subsidies are 370,000 hectares (Ha) in Greece, 70,000 Ha in Spain, and 360 Ha in Portugal.
The new system aims to separate subsidies from production levels and to encourage producers to maintain strict environmental standards.
Source: Farm Chemical International
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