The European Union’s unofficial five-year moratorium on approving GM products could be brought to an end soon, with an upcoming vote on authorising imports of a type of genetically modified sweet corn.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A first decision on whether or not to approve Syngenta’s Bt-11 maize is likely to be taken by EU representatives at a committee meeting on 10 November or 12 December, reported Reuters.
If the EU decides to allow imports of the product, the move will be welcomed by Argentina, Canada and the US, who have filed dispute proceedings at the World Trade Organisation against the EU’s refusal to authorise new GM products since 1998.
Another GM product, Monsanto’s GA21 field corn, is likely to be voted on by the committee in the first half of next year, Reuters said.
Even if GM products are approved in the EU, many retailers have said they will not stock GM foods due to widespread consumer opposition.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
