India plans to block imports of genetically modified soybeans
-
Last Update: 2002-03-20
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Lead: Reuters March 18 Ajit Singh, India's agriculture minister, said on Sunday that India plans to block imports of genetically modified soybean oil as domestic industries complain about the influx of soybean oil "I hope that the announcement soon will help stop the import of genetically modified soybean oil," the agriculture minister said at a plant oil seminar in the northern city of Agra He did not give a detailed description, but he claimed that it might be required for soybean oil importers to provide a certificate that soybean oil is a non GMO product "If importers are asked to provide certificates, I think the problem of large imports will soon be solved," he said India's vegetable oil industry has suffered losses as imports of genetically modified soybean oil have increased, and now it is required to block imports or raise import tariffs to prevent imports In 2000 / 01 market year (November to October of the next year), the proportion of soybean oil imported by India in total edible oil imports doubled to 31%, mainly due to low tariffs In the 2000 / 01 market year (November October of the next year), India's import volume of edible oil reached a record of 4.83 million tons, up from 4.49 million tons last year India imposes a tariff of 85% on refined edible oil imports and 65% on crude palm oil, but only 45% on soybean oil under the WTO agreement (author:) share to feed Weibo share to:
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
