BERLIN, July 6 (Xinhua) — German Chancellor Angela Merkel spoke out on Tuesday in favor Of making Germany’s agricultural sector extra sustainable and emphasised The Want to current monetary safety for The tactic.
A report on The biggest method forward for agritradition in Germany compiled by a particular authorities fee was formally launched to Merkel, who careworn that The subsequent federal authorities to be elected in September Wouldn’t Be In a place to maintain away from addressing the ideas.
Based mostly on The final report, which describes the transformation as a “process for all of society,” between 1.5 billion euros and 5.5 billion euros (As a lot as 6.5 billion U.S. dollars) per yr in further funding Can be required for the sustainable transformation of Germany’s agricultural sector.
Investments made On this transformation, however, Can be “partially refinanced by way of financial savings in exterior prices” in contrast with current Sorts of manufacturing, in accordance to the report.
The EU’s Widespread Agricultural Coverage (CAP) Should play a key position in managing this transition, the report careworn.
Julia Kloeckner, federal minister for meals and agritradition, emphasised that regardless of the conflicting goals of environmental safety and financial pursuits, the fee’s members succeeded in attaining a “tradition of consensus.” (1 euro = 1.18 U.S. dollars) Enditem