Off the wire
• Kiev reports stalemate in prisoner exchange with E. Ukraine rebels  • Palestinian official urges Israel to seize opportunity, endorse two-state solution  • 4 killed in firing on security forces vehicle in SW Pakistan  • Spain's economy grows by 0.7 pct in Q2  • Six men die in sewer manhole in Belarus  • Moscow extends Western food embargo until end of 2017  • Namibia declares state of emergency as drought persists  • Russian Baltic Fleet commander, chief of staff sacked  • PSA Peugeot Citroen unveils its new Citroen C3 in Slovakia  • Spanish stock market rises 3.45 pct, closes at 8,105 points  
You are here: 　 Home

Brexit not to have major impact on Slovak agriculture sector

Xinhua, June 30, 2016 Adjust font size:

Brexit won't have a huge impact on the agriculture and food sector, informed Slovak Agriculture and Food Chamber (SPPK) spokesperson Jana Holeciova on Wednesday.

"We don't expect a great influence on foreign trade between Slovakia and Great Britain, as the number of agriculture and food products exported to Britain isn't that high. It concerns around seven products that are exported from Slovakia to Britain and vice versa," explained Holeciova.

According to Holeciova, Slovakia imports watermelons, pork, apples, pears and plums from Britain. Conversely, goods exported from Slovakia to Britain are sugar, deep frozen vegetables, and cheese.

Holeciova did stress, however, that Britain's departure would have an impact on the Common Agricultural Policy (CAP), which is one of the biggest EU budgetary areas and sets the rules and budget for European farmers.

The SPPK spokesperson went on to say Britain was a net contributor to the EU budget. The European Commission now faces a big challenge concerning setting the rules to govern Britain's exit from the EU.

"It's said that the British will remain in the EU for two more years, but the question is whether they'll still contribute to the EU budget during this period," added Holeciova. Endit