WORLD TRADE
ORGANIZATIONG/AG/N/ISL/11
15 June 1998
(98-2434)
Committee on Agriculture Original:  English
NOTIFICATION
The attached notification concerning domestic support commitments (Table DS:1 and the
relevant Supporting Tables) for the 1997 calendar year was received from  Iceland on 11 June 1998.G/AG/N/ISL/11
Page 2Table DS:1
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1997
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
146.4 M SDR 108.56
1 SDR = ISK 98.94
(AVG exchange rate for 1997)G/AG/N/ISL/11
Page 3Supporting Table DS:1
DOMESTIC SUPPORT: Iceland
REPORTING PERIOD: calendar year 1997
Measures exempt from the re duction 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 (million ISK)Data sources
12 3 4
(a) "general services" Research, advisory and training;
Veterinary, pest and disease control, plant
and animal diseases;
Cultivation and animal breeding programmes
(inspection, grading and standardization)203.9
218.9
104.4National Accounts/
Ministry of Agriculture
Budget/ The
Agricultural
Economics Institute ofIceland
(b) "Public stockholding for
food security purposes"
Market regulation storage forsecurity purposesAccumulation and holding of stocks of sheepmeat
between slaughter periods (November-August), i.e.
security measures to ensure supply193.4
(d) "decoupled income support" Farmers pension fund (retirement scheme).
Direct payments to sheep farmers183.0
1,516.0Agriculture Production
Board of Iceland
(h) "structural adjustment
assistance;
resource retirementprogrammes"Permanent withdrawal of quota (removing livestock
from agricultural production); instalment for payment
of bought-up sheepmeat quota236.0 "G/AG/N/ISL/11
Page 4Measure type Name and description of measure with reference to
criteria in Annex 2Monetary value of the measure during
the reporting period (million ISK)Data sources
12 3 4
(i) "structural adjustment
assistance
through investment aids"State Agricultural Productivity Fund. Programme is
designed to assist financial and/or physical
restructuring of farmers' operations due to structural
disadvantages274.0 Agriculture Production
Board of Iceland
(j) "environmental
programmes"Promotion of organic production 25.0
"
Total of Table: 2,954.6G/AG/N/ISL/11
Page 5Supporting Table DS:4
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1997
Calculation of the Current Total Aggregate Measurement of Support
Measure type Product-specific AMS (from Supporting
Tables D:5 to D:7 below)
ISK millionProduct-specific equivalent
measurements of support (from
Supporting Table DS:8 below)Current total AMS
(aggregate)
ISK million
12 3 4
Milk 6,086.7 6,086.7
Sheep (Wool) 275.1 275.1
Sheepmeat 1,756.1 1,756.1Beef 800.5 800.5Horsemeat 62.1 62.1Pigmeat 770.1 770.1Poultrymeat 636.3 636.3Eggs 354.2 354.2
Total of table: 10,741.1G/AG/N/ISL/11
Page 6Supporting Table DS:5
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD:  calendar year 1997
Product-Specific Aggregate Measurements of Support : Market Price Support
Description of
basic productsCalendar year
1997Measure type(s) Applied
administered priceExternal reference
price (generally
from AGST/...)Eligible production Associated
fees/leviesTotal
market price
support
million ISKData sources
12 3 4 5 6 78
((4-5*6)-79
Milk Market price support 46.44 11.96 98,870 12,583 3,396.3 The
Sheepmeat " 353.15 95.50 6,819 762 1,756.1 Agricultural
Beef " 350.45 117.72 3,445 1,306 800.5 Production
Horsemeat " 190.53 79.93 564 249 62.1 of Iceland andPigmeat " 283.15 85.08 3,948 11,873 770.1 the Icelandic
Poultrymeat " 417.71 115.82 2,125 5,249 636.3 Dairies'
Eggs " 220.55 51.72 2,113 2,497 354.2 Association
Total of table: 7,775.6G/AG/N/ISL/11
Page 7Supporting Table DS:6
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD: calendar year 1997
Product-Specific Aggregate Measurements of Support:  Non-Exempt Direct Payments
Description of
basic productCalendar  year
1997Measure type(s) Applied
administered
priceExternal
reference price
(generally from
AGST/...)Eligible
productionTotal price-
related direct
paymentsOther non-
exempt direct
paymentsAssociated
fees/leviesTotal direct
payments
million ISKData sources
1 2 3 4 567
((4-5)*6)891 0
(7+8-9)11
Milk Direct payments 2,690.4 2,690.4 The
Agricultural
Sheep Wool subsidies 275.1 275.1 Production
Board of
Iceland/The
AgriculturalEconomicsInstitute of
Iceland
 Total of table: 2,965.5G/AG/N/ISL/11
Page 8Supporting Table DS:7
DOMESTIC SUPPORT:  Iceland
REPORTING PERIOD: calendar year 1997
Product-Specific Aggregate Measurements of Support:  Other Product-Specific Support and Total Product-Specific AMS
Description of
basic productCalendar year
1997Measure 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
million ISKData
sources
1 23456 7
(4+5-6)891 0
(7+8+9)11
 Milk Direct payments 2,690.4 2,690.4 The
Agricultural
Production
Sheep (wool) Wool subsidies 275.1 275.1 Board of
Iceland/
TheAgricultural
Milk Market price
support3,396.3 3,396.3 Economics
Institute of
Iceland
Sheepmeat " 1,756.1 1,756.1
Beef " 800.5 800.5
Horsemeat " 62.1 62.1
Pigmeat " 770.1 770.1
Poultrymeat " 636.3 636.3
Eggs " 354.2 354.2
Total of table: 10,741.1 (= SDR 108.56)
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