Saturday 11 July 2020, 04:11 PM
China greenlights 5 new genetically modified crops amid trade talks
By IANS | Bharat Defence Kavach | Publish Date: 1/8/2019 5:09:12 PM
China greenlights 5 new genetically modified crops amid trade talks

Beijing: China approved imports of five new varieties of genetically modified crops, paving the way for US agricultural firms to sell more biotech seeds to Chinese buyers, as Beijing and Washington seek to ease trade tensions.The approval, which included soybean, canola and corn products, came as US and Chinese officials meet in Beijing to hammer out details on a number of broad pledges made by the Chinese leadership, Efe news reported.

China last made new approvals of genetically modified crops in June 2017. In addition to the five new approvals, 26 other genetically modified crop varieties were given renewed approvals for importing into China, the report said. For the US farm sector, the move was another step towards clearing a backlog of biotech seeds that awaited approval from China, in some cases for years. 

Tuesday's announcement opened the door for more imports of agricultural products from the US, although it was difficult to gauge the exact impact, said He Yuxin, a soybean analyst at Zhuochuang, a commodities consultancy firm based in eastern Shandong province. "If the trade talks go smoothly, China will for sure import more soybeans from the US," said He. "It's still too early to say by how much. After all, China has diversified imports of agricultural products from other countries." 




भारत डिफेंस कवच की नई हिन्दी पत्रिका ‘डिफेंस मॉनिटर’ का ताजा अंक ऊपर दर्शाया गया है। इसके पहले दस पन्ने आप मुफ्त देख सकते हैं। पूरी पत्रिका पढ़ने के लिए कुछ राशि का भुगतान करना होता है। पुराने अंक आप पूरी तरह फ्री पढ़ सकते हैं। पत्रिका के अंकों पर क्लिक करें और देखें। -संपादक

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