Alongside the USA, the EU is the world’s largest exporter of agricultural products. The EU agricultural market is saturated and European farmers have been producing surplus quantities for many years, most notably milk and meat. Products are kept artificially cheap through subsidies and exported abroad. This approach does not help achieve food security but destroys the livelihoods of producers in the target countries who are unable to compete with highly subsidised products. In the interest of saving the livelihoods of millions of small-scale farmers, these export subsidies – whether direct or indirect – must be abolished as part of the EU’s upcoming CAP reforms. Instead, the EU should promote environmentally-friendly peasant farming, a more labour-intensive subsistence farming system compared with industrial farming, in order to halt the rampant farm extinction in this region. The folly of the EU’s common agricultural policy is also apparent in agricultural imports: products are grown on 35 million hectares of farmland, which are then imported to the EU. The largest single item is soya, which is imported to the EU as animal feed for the factory farms which are the source of the subsidised exports of milk and meat.