Pillar 1 | Practical Law
Pillar 1
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Pillar 1
Practical Law UK Glossary 0-542-1948
(Approx. 3 pages)
Glossary
Pillar 1
Part of the
Common Agricultural Policy
(CAP) budget that deals with
direct payments
to farmers, and measures for agricultural market support and intervention such as storage and export refunds. Pillar 1 expenditure is fully financed from the
European Agricultural Guarantee Fund
(EAGF).
Following the departure from the EU, the UK has ceased to participate in CAP.