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European Agricultural Fund for Rural Development (EAFRD)
The European Agricultural Fund for Rural Development (EAFRD) supports European policy on rural development. To this end, it finances rural development programmes across the Member States and the regions of the Union. Programmes are designed in cooperation between the European Commission and the Member States, taking into account the strategic guidelines for rural development policy adopted by the Council and the priorities laid down by national strategy plans.
For the 2007-13 programming period, the Fund focuses on three main objectives:
- improving the competitiveness of agriculture and forestry
- improving the environment and supporting countryside management
- improving quality of life in rural areas
Cohesion Policy also plays a key role in support of the economic regeneration of rural areas, complementing the actions supported by the European Agricultural Fund for Rural Development.