US China soybean trade dispute has been settled
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Last Update: 2001-10-25
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Source: Internet
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Author: User
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Lead: Washington, Oct 23 (Reuters) - trade disputes between the United States and China over genetically modified foods have been resolved, opening the door for us soybeans to continue to be exported to China, an official from an agricultural group in the United States said Tuesday "It's true that the issue of GM regulations has been resolved," said Stephen censky, general manager of the American Soybean Association The association is located in St Louis U.S soybean exports to China have stalled due to the confusion caused by the lack of detailed regulations on the import of bioengineered food 70% of U.S soybeans are genetically modified The trade dispute threatens the U.S soybean trade with China, worth $1 billion In a telephone interview with Reuters, censky said that representatives of the USDA and US trade negotiators briefed him on the breakthrough on Monday.
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