China and the United States reach an agreement on genetically modified regulations
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Last Update: 2002-03-08
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Source: Internet
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Author: User
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Introduction: US negotiators said Thursday that an agreement between the US and China on genetically modified regulations should enable the us to resume exporting soybeans to China Allen Johnson, chief U.S agricultural trade negotiator, said China was working on a transitional measure to address U.S concerns, including market access and labeling approval for U.S soybean exports to China He said the US side's expectation is that China's transitional measures will enable trade in this area to resume But he did not give details of the transitional arrangement, but said Chinese officials agreed to make it public by March 20 China's new measures for the management of genetically modified organisms are scheduled to come into effect on the 20th Jap China and the U.S disagree on China's regulations on genetically modified organisms The law disrupts the $1 billion worth of soybean trade between China and the United States each year 70% of American soybeans are genetically modified products Jap
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