Rice and seeds: common organisation of the markets (COM)

OBJECTIVE: To amend Regulation (EC) No 3072/95 on the common organization of the market in rice and Regulation (EEC) No 2358/71 on the common organization of the market in seeds. SUBSTANCE: The amendments proposed by the Commission have the following aims: - to introduce rice seeds in the list of products eligible for compensatory payments as from the 1998/1999 marketing year; - to maintain the compensatory payments fixed up to the 1999/2000 marketing year and to extend them for the subsequent marketing years; - to ensure a balance in the rice seeds market by introducing a stabilization mechanism for seed production.�