China approves two new GMO crop varieties for import

Dhaka,  Thu,  21 September 2017
Published : 14 Jun 2017, 21:38:50

China approves two new GMO crop varieties for import

China approves two new GMO crop varieties for import
BEIJING, June 14 (Reuters): China approved two new varieties of genetically modified (GMO) crops for import from June 12, after the world's top buyer of GMO soybeans pledged to speed up a review of biotech products as part of a recent trade deal with the United States.

The approvals of new GMO imports follow an agreement on protocols for shipments of US beef to China that was also promised under the broader trade deal last month.

The new GMO varieties are Dow AgroSciences' Enlist corn and Monsanto's Vistive Gold soybean, the Ministry of Agriculture said in a statement on Wednesday.

China does not permit the planting of genetically modified food crops but does allow GMO imports, such as soybeans, for use in its animal feed industry.

But getting a new GMO crop variety approved for import by China takes around six years, compared with under three in other major markets, forcing leading agrichemical players to restrict sales during China's review process.

In May, Beijing promised to speed up the evaluations of eight US varieties of GMO crops by the end of the month under a trade deal with the United States.

Industry comments suggest Beijing could issue additional product approvals in coming months.

"We are aware of the latest updates of the approval process and are encouraged by the fast progress that the Chinese government has made," said a DuPont Pioneer spokeswoman.
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