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Cabinet Regulation No. 299 of 2020 on Rules on State Aid Towards Short-Term Agricultural Loans to Mitigate the Negative Effects of the Spread of Covid-19

Country/Territory
Latvia
Document type
Regulation
Date
2020
Source
FAO, FAOLEX
Original source
Latvijas Vēstnesis, 96D, 20.05.2020.
Subject
Agricultural & rural development, Forestry, General
Keyword
Agricultural development Subsidy/incentive Financial agricultural measures Fiscal and market measures Hazards Agricultural commodities Cooperative/producer organization Farming Business/industry/corporations Internal trade
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

The Regulations prescribe the procedures for granting, monitoring and administering state aid in the form of a short-term loan in order to reduce the negative impact of the spread of Covid-19 on the production process of primary agricultural products. A short-term loan to a producer of agricultural primary products shall be granted by the Rural Support Service in compliance with the provisions of these Regulations. The following farmers may receive a short-term loan: small (micro), small and medium-sized enterprises complying with Commission Regulation (EU) No 182/2011 of 25 June 2014 Regulation (EU) No 702/2014 declaring certain categories of aid in the agriculture and forestry sector and in rural areas compatible with the internal market in application of Articles 107 and 108 of the Treaty on the Functioning of the European Union (Official Journal of the European Union of 1 July 2014) L 193), for the definition set out in Annex 1; and large companies that comply with Commission Regulation The definition set out in Article 2 (26) of Regulation (EU) No 702/2014.

Full text
Latvian
Website
likumi.lv

References - Legislation

Implements

Law on Agriculture and Rural Development (2004)

Legislation | Latvia | 2004 (2007)

Keyword: Agricultural development, Agricultural commodities, Credit, Subsidy/incentive, Basic legislation, Rural employment, Youth, Sustainable development, Business/industry/corporations, Tax/levy, Allocation/quota, Internal trade, International trade, Cooperative/producer organization

Source: FAO, FAOLEX

Regulation (EU) No. 1306/2013 of the European Parliament and of the Council on the financing, management and monitoring of the common agricultural policy and repealing Council Regulations (EEC) No. 352/78, (EC) No. 165/94, (EC) No. 2799/98, (EC) No. 814/2000, (EC) No. 1290/2005 and (EC) No. 485/2008.

Legislation | European Union | 2013

Keyword: Special fund, Subsidy/incentive, Agricultural development, Sustainable use, Biodiversity, Climate change, Plant protection, Pesticides, Pollution control, Freshwater pollution, Surface water, Groundwater, Basin/catchment/watershed, Inland waters

Source: FAO, FAOLEX

Commission Regulation (EU) No. 702/2014 declaring certain categories of aid in the agricultural and forestry sectors and in rural areas compatible with the internal market in application of Articles 107 and 108 of the Treaty on the Functioning of the European Union.

Legislation | European Union | 2014

Keyword: Subsidy/incentive, Agricultural development, Research, Agro-forestry, Hazards, Climate change, Liability/compensation, Cultural heritage, Forest management/forest conservation

Source: FAO, FAOLEX