EU policy ‘morally wrong’ as it undercuts developing countries

EUROPEAN Union farm policy is “morally wrong” because it undercuts agriculture in developing countries with import tariffs and export subsidies, said Caroline Spelman, the British environment secretary.

The Common Agricultural Policy “continues to distort trade by maintaining high EU prices,” Spelman said in a speech to the Oxford Farming Conference.

“This gives rise to high import tariffs and the use of export subsidies to clear market surpluses.”