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Monetary Compensatory Amounts

Volume 929: debated on Monday 28 March 1977

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asked the Minister of Agriculture, Fisheries and Food if he will publish a table in the Official Report showing the total value of monetary compensatory amounts paid to United Kingdom traders and the tonnages covered for imports from third countries for the period 17th May to 31st December 1976 for the following commodities (a) wheat, (b) barley, (c) maize, (d) sugar, (e) beef/veal, (f) milk and milk products and (g) pigmeat and pigmeat products.

In third country trade sums paid or charged on imports into the United Kingdom of the commodities concerned are the net amounts resulting from the deduction from the full EEC import charge of the United Kingdom's accession and monetary compensatory amounts. Where these deductions result in a negative sum a net payment is made. Separate figures for the component parts of this calculation are not readily available but the net payments made between 17th May and 31st December 1976, were as follows:

Beef and veal1,974,587
Milk and milk productsnil
Pigmeat and pigmeat products611,300
Information about the quantities covered by these net amounts is not readily available.