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On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.
On January 22, 2021, the European Commission (EC) approved five genetically engineered (GE) crops (three corn and two soybeans) and renewed the authorization for three corn crops used for food...
The EU’s complex and lengthy policy framework for biotechnology slows down and limits research, development, production and imports.
In the European Union (EU), consumers, governments, industry, non-governmental organizations, and the media remain conflicted about the use of agricultural biotechnology.
While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
The ability of U.S. agricultural and food exporters to penetrate the growing EU market is constrained by tariff and non-tariff trade barriers and increased global competition.