WORLD TRADE
ORGANIZATIONG/AG/N/ISL/14
23 July 1999
(99-3099)
Committee on Agriculture Original:  English
NOTIFICATION
The attached notification concerning domestic support commitments ( Table DS:1  and the
relevant Supporting Tables) for the 1998 calendar year was received from  Iceland on 7 June 1999.
_______________
In the light of discussions that took place in the September 1998 Committee on Agriculture
meeting, Iceland submits herewith two versions of  the following DS:1 tables, one without inflation
adjustment and another with such adjustment:
- Table DS:1;
- Supporting Table DS:4;
- Supporting Table DS:5;
- Supporting Table DS:7.
The inflation adjustment factor (1986-88/1998) is 85 per cent.G/AG/N/ISL/14
Page 2Table DS:1
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Current total aggregate measurement of support
Total AMS commitment level for period in question Currency Current total AMS
(from Section I of Part IV of the Schedule) (from Section I of Part IV of the Schedule) (from attached supporting tables)
12 3
140.9 million SDR 250.31
(or 13,043.7 million ISK)
WITHOUT INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 3Table DS:1
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Current total aggregate measurement of support
Total AMS commitment level for period in question Currency Current total AMS
(from Section I of Part IV of the Schedule) (from Section I of Part IV of the Schedule) (from attached supporting tables)
12 3
140.9 million SDR 119.12
(or 11,632 million ISK)
WITH INFLATION ADJUSTMENT
Note: 1 SDR = ISK 97.65 (AVG exchange rate for 1998)G/AG/N/ISL/14
Page 4Supporting Table DS:1
DOMESTIC SUPPORT: Iceland
REPORTING PERIOD: calendar year 1998
Measures exempt from the reduction commitment - "Green Box"
Measure type Name and description of measure with reference to criteria
in Annex 2Monetary value of the measure during the
reporting period
(ISK million)Data sources
12 3 4
(a) "general services"
RepaymentsResearch, advisory and training;
Veterinary, pest and disease control, plant and animal
diseases;
Cultivation and animal breeding programmes(inspection, grading and standardization)Marketing levy refunds to farmers93.5
165.5
369.8
36.5National Accounts/
Ministry of Agriculture
Budget/ The Agricultural
Economics Institute ofIceland
(b) "other domestic support"
Market regulation storage for
security purposesAccumulation and holding of stocks of sheepmeat between
slaughter periods (November-August), i.e. security
measures to ensure supply198.8
(d) "decoupled income support" Farmers pension fund (retirement scheme).
Direct payments to sheep farmers191.0
1,549.0Agriculture Production
Board of Iceland
(h) "structural adjustment
assistance through
resource retirement
programmes"Permanent withdrawal of quota (removing livestock from
agricultural production); instalment for payment of bought-
up sheepmeat quota40.2 "G/AG/N/ISL/14
Page 5Measure type Name and description of measure with reference to criteria
in Annex 2Monetary value of the measure during the
reporting period
(ISK million)Data sources
12 3 4
(i) "structural adjustment
assistancethrough investment aids"State Agricultural Productivity Fund. Programme is
designed to assist financial and/or physical restructuring offarmers' operations due to structural disadvantages175.0 Agriculture Production
Board of Iceland
(j) "environmental programmes" Promotion of organic production
Support to farmers who clean up their land25.0
16.3"
(k) "Regional assistance
programmes"Support for advancement in slaughterhouses for sheep 36.4 "
Total 2,860.6G/AG/N/ISL/14
Page 6Supporting Table DS:3
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Measures exempt from the reduction commitmen t  - Direct Payments under Production-Lim iting Programmes – "Exempt Direct Payments "
Measure Type Name and description of measure with reference to criteria in Article 6:5 Monetary value of
measure in year in
questionData sources
12 3 4
No support existsG/AG/N/ISL/14
Page 7Supporting Table DS:4
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Calculation of the Current Total Aggregate Measurement of Support
Measure type Product-specific AMS (from Supporting Tables
D:5 to D:7 below)
(ISK million)Product-specific equivalent
measurements of support (from
Supporting Table DS:8 below)Current total AMS
(aggregate)
(ISK million)
12 3 4
Milk 7,236.0 7,236.0
Sheep (Wool) 243.2 243.2
Sheepmeat 2,192.2 2,192.2Beef 1,062.1 1,062.1Horsemeat 87.3 87.3
Pigmeat 1,019.1 1,019.1
Poultrymeat 822.2 822.2Eggs 381.6 381.6
Non-product-specific support (from Supporting Table DS:9) 0
Total 13,043.7
WITHOUT INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 8Supporting Table DS:4
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Calculation of the Current Total Aggregate Measurement of Support
Measure type Product-specific AMS (from Supporting Tables
D:5 to D:7 below)
(ISK million)Product-specific equivalent
measurements of support (from
Supporting Table DS:8 below)Current total AMS
(aggregate)
(ISK million)
12 3 4
Milk 6,685.9 6,685.9
Sheep (Wool) 243.2 243.2
Sheepmeat 1,880.9 1,880.9Beef 871.3 871.3Horsemeat 67.5 67.5
Pigmeat 866.8 866.8
Poultrymeat 681.3 681.3Eggs 335.1 335.1
Non-product-specific product (from Supporting Table DS:9) 0
Total 11,632.0
WITH INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 9Supporting Table DS:5
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Product-Specific Aggregate Measurements  of Support : Market Price Support
Description of
basic productsCalendar year
1998Measure type(s) Applied
administered price
(ISK million)External reference
price (from
AGST/...)
(ISK million)Eligible production
(tonnes)Associated
fees/levies
(ISK million)Total market
price support
(ISK million)Data sources
12 3 4 5 6 7 8
(4-5)*6-79
Milk Market price support 49.66 6.30 99,915 13,102 4,319.2
Sheepmeat " 360.00 50.30 7,081 794 2,192.2
Beef " 364.00 62.00 3,522 1,360 1,062.1Horsemeat " 205.00 42.10 537 259 87.3
Pigmeat " 310.00 44.81 3,890 12,363 1,019.1
Poultrymeat " 374.00 61.00 2,644 5,466 822.2Eggs " 224.00 27.24 1,953 2,600 381.6The
Agricultural
Production of
Iceland andthe IcelandicDairies'
Association
Total 9,883.7
WITHOUT INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 10 Supporting Table DS:5
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Product-Specific Aggregate Measurements  of Support : Market Price Support
Description of
basic productsCalendar year
1998Measure type(s) Applied
administered price
(ISK million)Adjusted external
reference price
(ISK million)Eligible production
(tonnes)Associated
fees/levies
(ISK million)Total market
price support
(ISK million)Data sources
12 3 4 5 6 7 8
(4-5)*6-79
Milk Market price support 49.66 11.81 99,915 13,102 3,769.1
Sheepmeat " 360.00 94.26 7,081 794 1,880.9
Beef " 364.00 116.18 3,522 1,360 871.3Horsemeat " 205.00 78.89 537 259 67.5
Pigmeat " 310.00 83.97 3,890 12,363 866.8
Poultrymeat " 374.00 114.31 2,644 5,466 681.3Eggs " 224.00 51.05 1,953 2,600 335.1The
Agricultural
Production of
Iceland andthe IcelandicDairies'
Association
Total 8,472.0
WITH INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 11Supporting Table DS:6
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD: calendar year 1998
Product-Specific Aggregate Measurements of  Support:  Non-Exempt Direct Payments
Description
of basic
productCalendar  year
1998Measure
type(s)Applied
administered
priceExternal
reference
price
(generally
from
AGST/...)Eligible
productionTotal price-
related direct
paymentsOther non-
exempt direct
payments
(ISK million)Associated
fees/leviesTotal direct
payments
(ISK million)Data sources
1 2 3 4 567
((4-5)*6)891 0
(7+8-9)11
Milk Direct payments 2,916.8 2,916.8
Sheep (wool) Wool subsidies 243.2 243.2The
Agricultural
ProductionBoard ofIceland/TheAgriculturalEconomics
Institute of
Iceland
Total 3,160.0G/AG/N/ISL/14
Page 12Supporting Table DS:7
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD: calendar year 1998
Product-Specific Aggregate Measurements of Support:  Other Product-Specific Support and Total Product-Specific AMS
Description of
basic productCalendar year
1998Measure type(s) Other
product-
specific
budgetary
outlaysOther product
specific support
(include
calculation
details)Associated
fees/leviesTotal other
product-
specific
supportMarket price
support
(Supporting
Table DS:5)Non-exempt
direct
payments
(Supporting
Table DS:6)Total AMS
(ISK million)Data
sources
1 23456 7
(4+5-6)891 0
(7+8+9)11
 Milk Direct
payments2,916.8 2,916.8
Sheep (wool) Wool subsidies 243.2 243.2
Milk Market price
support4,319.2 4,319.2The
AgriculturalProductionBoard ofIceland/
The
AgriculturalEconomicsInstitute ofIceland
Sheepmeat " 2,192.2 2,192.2
Beef " 1,062.1 1,062.1Horsemeat " 87.3 87.3
Pigmeat " 1,019.1 1,019.1
Poultrymeat " 822.2 822.2
Eggs " 381.6 381.6
Total 13,043.7
WITHOUT INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 13Supporting Table DS:7
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD: calendar year 1998
Product-Specific Aggregate Measurements of Support:  Ot her Product-Specific Support and Total Product-Specific AMS
Description of
basic productCalendar year
1998Measure type(s) Other
product-
specific
budgetary
outlaysOther product
specific support
(include
calculation
details)Associated
fees/leviesTotal other
product-
specific
supportMarket price
support
(Supporting
Table DS:5)Non-exempt
direct
payments
(Supporting
Table DS:6)Total AMS
(ISK million)Data
sources
1 23456 7
(4+5-6)891 0
(7+8+9)11
 Milk Direct
payments2,916.8 2,916.8
Sheep (wool) Wool subsidies 243.2 243.2
Milk Market price
support3,769.1 3,769.1The
AgriculturalProductionBoard ofIceland/
The
AgriculturalEconomicsInstitute ofIceland
Sheepmeat " 1,880.9 1,880.9
Beef " 871.3 871.3
Horsemeat " 67.5 67.5
Pigmeat " 866.8 866.8
Poultrymeat " 681.3 681.3
Eggs " 335.1 335.1
Total 11,632.0
WITH INFLATION ADJUSTMENTG/AG/N/ISL/14
Page 14Supporting Table DS:8
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Product-Specific Equivalent Measurements of Support
Description of
basic productsCalendar /
marketing
year
beginning…Measure type(s) Applied
administered
priceProduction
eligible to
receive the
applied
administered
priceMarket
price
support
budgetary
outlaysEquivalent
measurement
of support
(include
calculation
details)Non-
exempt
direct
paymentsOther
product-
specific
supportAssociated
fees/leveesTotal
monetary
value of
equivalent
commitmentData sources
1 2 3 4 5 6 7 8 9 10 11
(7+8+9-
10)12
No support existsG/AG/N/ISL/14
Page 15Supporting Table DS:9
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1998
Non-Product-Specific AMS
Measure type(s) Calendar /
marketing year
beginning…Non-product-
specific
budgetary
outlaysOther non-product
specific support
(include calculation
details)Associated
fees/leviesTotal non-
product-specific
supportData sources
12 3 4 5 6
(3+4-5)7
No support exists
__________