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The Philippines is the second largest market for U.S. soybean meal (SBM) and the world’s largest coconut oil (CNO) exporter.
Sugar production, trade and domestic prices are largely governed by the Sugar Regulatory Administration (SRA), a government agency under the Philippine Department of Agriculture.
The Philippines continues to be a regional leader in biotech research and commercialization, as well as a model for science-based and thorough GE regulatory policy.