Agriculture, Estonia, EU – Baltic States, Financial Services, Good for Business, Investments, Markets and Companies

More than a half of that money will be spent on environment and guaranteeing competitiveness.

"Today the investment ability, productivity and competitiveness of our producers is low, as compared to the European Union average and the age structure of the sector is not sustainable," Seeder said in the Riigikogu. He added that the increase in the population of the world and big share of ecological production in Estonia's production give our farmers a chance to increase the value of their production at the market in the future.

Seeder said that the development plan is not ready, discussions over it continue and the government will eventually have to approve of it.

The rural life development plan 2014-2020 focuses on five spheres: environment (35% of budget means), competitiveness of farming (28%), rural business and initiative (18%), food supply chain (11%) and implementing research (4%).