Agricultural products: measures for the benefit of Azores and Madeira (amend. Regulation (EEC) No 1600/92)

2000/0308(CNS)
PURPOSE: to present a Commission proposal for a Council Regulation amending Regulation 1600/92/EEC concerning specific measures for the Azores and Madeira relating to certain agricultural products as regards structural measures. CONTENT: the main provisions of the proposed regulation are the following: - the total value of aid, expressed as a percentage of the volume of eligible investments, shall not exceed 75% for investments intended in particular to encourage diversification, restructuring or a shift towards sustainable agriculture on agricultural holdings of very small economic size; - the total value of aid, expressed as a percentage of the volume of eligible investments, shall not exceed 65% for investments in small and medium-sized enterprises engaged in processing and marketing agricultural products consisting mainly of local produce in sectors to be defined.�