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10/11/07

Bloomberg.com/IHT: EU blocks approval of genetically modified crops

For the complete report from Bloomberg.com and the International Herald Tribune click on this link

EU blocks approval of genetically modified crops

European Union governments blocked approval Wednesday of a genetically modified potato made by BASF and three corn varieties developed by Monsanto.The opposition by health regulators from some countries prevents fast-track approval of the Amflora potato from BASF for animal feed and the Monsanto corn types for feed and food. The European Commission, the 27-nation EU's executive arm, must now ask government ministers to give their verdict in a step that will add months to a process that the United States says is too slow.

Note EU-Digest : who cares what the US says. Genetically modified food should not be allowed into the EU, regardless if Monsanto, the world's largest seed producer, says that its loss had widened in its fiscal fourth quarter and that earnings in 2008 might rise less than analysts estimated. Europe must not buckle under the pressure of large corporations, especially when it is in reference to genetically modified foods.

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