E.E.C. beef measures

Press, Volume CXIV, Issue 33527, 7 May 1974, Page 7

E.E.C. beef measures

' .V Z P.A -Reuter—Copyright) LUXEMBURG. Common Market farm Ministers have approved measures worked out by the European Economic Community’s Executive Commission to halt a glut of beef and pork in the Community. But Britain s Minister of Agriculture (Mr Fred Peart, told reporters at the end of a two-day Farm Council meeting in Luxemburg that! the build-up of surpluses “made it clear that a new and better community; system is needed for beef, since the present one clearly does not work.” Informed sources say that; frozen beef imported by the! E.E.C.. under the terms of the general agreement on tariffs' and trade, will be exempted from a commission requirement that importers should match their purchases from; non-E.E.C. countries by buy-; ing equivalent tonnages of; stock-piled home-reared beef.

Iceland's freeze The Icelandic Government has announced proposals in Parliament to halt inflation by freezing prices and wages and cutting back certain salaries. The Prime Minister (Mr Johannesson) said the anti-inflation bill was neces-' sary to avert catastrophe in the country’s economy. — Reykjavik.