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Re: DewDiligence post# 14785

Friday, 05/12/2017 10:53:42 AM

Friday, May 12, 2017 10:53:42 AM

Post# of 29247
(MON/SYT/DOW/DD)—Trump’s China trade deal includes GMO seeds:

https://www.wsj.com/articles/trump-administration-announces-deal-with-china-to-boost-exports-1494558000

China also agreed to convene its national biosafety committee by the end of May to evaluate eight pending biotechnology product applications, which have awaited approval from Chinese crop regulators.

The Trump administration’s effort to hasten China’s regulatory reviews for genetically modified seeds follows years of complaints by crop developers about the country’s lengthy and opaque approval process. The move could help seed companies like Monsanto Co. , Syngenta AG and Dow Chemical Co.

The fact that SYT will soon be owned by a Chinese company (ChemChina) no doubt has something to do with this provision in the trade deal.

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