European Agricultural Guidance and Guarantee Fund

HC Deb 15 March 1967 vol 743 cc106-7W

Mr. Elystan Morgan

asked the Minister of Agriculture, Fisheries and Food (1) what proportion of the Guarantee Section of the European Agricultural Guidance and Guarantee Fund he estimates that the United Kingdom will receive upon entering the European Economic Community under current conditions:

(2) what proportion of the Guidance Section of the European Agricultural Guidance and Guarantee Fund he estimates that the United Kingdom will receive upon entering the European Economic Community under current conditions.

Mr. Peart

It is not possible to make precise estimates. U.K. receipts from the Guarantee Section would depend on the extent of eligible expenditure in the U.K. on market intervention and export subsidisation, which in turn would depend on market price levels and the volume of exports to third countries. U.K. receipts from the Guidance Section would depend on Community decisions on the eligibility of projects and on the apportionment of available Community funds between member countries.