THE JAPAN TIMES: Stronger TPP support hammered out for beef, pork farmers

11/17/2015

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Nov 17, 2015 | Source: The Japan Times In a set of measures to cut the impact of trade liberalization under the planned Trans-Pacific Partnership accord, the ruling Liberal Democratic Party has included stronger support for loss-making beef and pork farmers, according to party officials.

The draft measures to shore up the agricultural sector were worked out at Monday’s meeting of the party on agriculture, forestry and fisheries.

Under the measures, support programs for beef and pork producers, financed by the government and the industry, will be expanded to cover 90 percent of the losses incurred by applicant farmers, up from the current 80 percent.

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