Common Agricultural Policy (CAP) is the EU’s agricultural policy, whose main goals are insuring the living standards of farmers, stability and security of supply of food at affordable prices, while preserving the rural areas.
The basic principles of CAP:
- The Single Market – all Member States form a single market providing with uniform rules for all the states, with regards to both the common market and trade with third countries.
- The priority of the EU is reflected in an effort to avoid market distortions and establish stability in the supply of agricultural products.
- Financial solidarity is pertinent to all the EU Member States, without exception. The Member States contribute towards CAP expenses, but not all the Member States contribute in equal parts.