Agrarian policy in the European Union and financial support to Serbia

Abstract

Measures of the Common Agricultural Policy (CAP) that are defined and implemented by the European Union (EU) differ depending on whether or not the country is a member state of the EU. Their realization is carried out on an annual basis through two funds – the European Agricultural Guarantee Fund (EAGF) and the European Agricultural Fund for Rural Development (EAFRD). The purpose of the paper is to show the dynamics of funds paid out from funds in the period of 2012-2016, as well as the planned budgets from 2017 to 2020. However, for non-EU countries, financial assistance is paid from the so-called IPA found (Instrument for Pre-Accession Assistance). Serbia has been granted EU funds successively, depending on whether it has acquired the status of a candidate for EU membership or not. An overview of the funds paid out of the IPA Fund will be divided into two phases: I 2007-2013; II 2012-2013. Given that Serbia has acquired the status of EU membership, funds are also available from the so-called IPARD fund (fifth component of IPA fund).