New rules concerning provision of agricultural subsidies

The agriculture subsidization process will be organized based on new regulations starting with this year. Deputy Minister of Agriculture and Food Industry Iurie Usurelu told a news conference that the regulations are valid for five years so that the farmers will be able to plan the business and to ensure its sustainable development, IPN reports.

Iurie Usurelu said the subsidization regulations have economic substantiation for each category and contain the clear classification of producer groups - large, medium-sized and small – so that unconditional and freer access is ensured for all groups of producers by subsidization and related activities.

The system for monitoring the cost of investment is an innovative mechanism for preventing artificial rises in investments for obtaining larger subsidies. Within the information systems of the Agency for Intervention and Payments in Agriculture, the sellers of agricultural machinery will publish information about the available equipment and its real cost.

The equipment’s working capacity and farmers’ agricultural areas will be taken into account when applying for subsidies for agricultural machinery. The companies with small areas will not be able to get such subsidies.

The authorities also aim to stimulate investment in rural areas and the young people to invest and return home and start businesses here.

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