China begins to accept interim safety certificate of genetically modified organisms

Introduction: - each interim certificate can only be used for one ship of genetically modified cargo - Chinese soybean buyers focus on South American soybeans - China's well-informed people do not expect a sharp decline in soybean imports Foreign power Chicago, March 18: the Chinese government has made it clear that the temporary safety certificate applied for for the genetically modified cargo arriving after March 20 will be based on the ship, which means that a certificate cannot be used for several ships containing the same genetically modified soybean, such as Roundup Ready soybean A week ago, the Chinese government and the U.S government reached a compromise on the regulation of genetically modified organisms, allowing foreign exporters to provide temporary safety certificates issued by their own countries or third countries to prove that genetically modified organisms are harmless to people, livestock and the environment, so as not to affect the normal operation of trade Last week, two foreign companies submitted safety certificate application documents to China GM office, one of which is Monsanto Chinese traders are anxiously waiting for developments on interim certificates, which could be the first step in clearing the barriers to Chinese soybean imports in the coming months According to the latest estimate of the Ministry of agriculture, China will import 1.7 million tons of soybeans from February to March Although China's soybean imports are likely to decrease significantly after March 20, some analysts speculate that China's soybean imports in 2001/02 will not be greatly affected by the GM regulations One trader in Beijing said it should be remembered that China's duty rate quota for soybean oil reached 2.5 million tons If China significantly reduces soybean imports, then soybean oil imports will increase accordingly to meet domestic demand, but in this way, the domestic soybean crushing operation will be reduced, which will lead to a decrease in soybean meal supply The government had to choose between the two Obviously, processing soybeans at home can create at least some jobs Although there are still some uncertain factors in h7t safety certificate, some large soybean importers in China have started to take action to sign contracts to purchase South American soybeans It is said that the soybean processing plant in South China has purchased a ship of South American soybeans, which is being shipped to China H7T