China's soybeans: many regulations on License Issuance

Lead: Reuters Shanghai, June 5 Reuters Shanghai, June 5 Reuters: on Wednesday, traders said that China has issued about 30 licenses to import soybeans, six to seven of which were issued this week, but the crusher will have to wait a few days before the imported soybeans can be unloaded According to the crusher, two ships of soybeans have entered the waters near the Chinese port, and the quality inspection authorities expect to release them on June 10, the first soybeans allowed to be unloaded by the Chinese Ministry of agriculture since the implementation of regulations on genetically modified products on March 20 4fq market is still focusing on the introduction of the regulations and rules of the Ministry of health on genetically modified food, which came into effect on July 1 The Ministry of Health said that the regulations have been improved and are waiting for approval The draft rules, which were released in April, have once again thrown the market into confusion, as the Ministry of agriculture has adopted interim measures to streamline the application process for the import of genetically modified products and are welcomed by the market So far, about 30 ships of imported soybeans have been licensed, and more freighters are likely to get them in the near future, said an analyst at 4fq, a government grain think tank 4fq import requires more application procedures 4fq according to traders, one cargo ship is waiting for unloading in Tianjin, the northern port of China, while the other is in Hong Kong ready to sail to Guangdong Province, southern China There may be a third vessel in Singapore, which will sail to China once the quarantine authorities release it A trader at an international trading company in Beijing said some companies were willing to take the risk of docking their ships here before getting an import license But for us, we have to wait for the progress of these first cargo ships to arrive at Chinese ports 4fq China's importers now have to go through more bureaucratic and application procedures to obtain import licenses The regulation of the Ministry of health of the people's Republic of China is aimed at the management of genetically modified food, including meat, plant and microbial products, but dealers need to specify whether imported soybeans, which are usually used for pressing, not for eating, are also included 'the rules have been improved, we have contacted the Ministry of agriculture and are waiting for approval from a higher department,' said an official at the Ministry of health, who declined to be named 4fq