GAFTA to meet again with Chinese on GMO regulations
March 01, 2002
by Chrystal Shannon
The Grain and Feed Trade Association’s China office has met with officials to discuss the concerns of international traders about the proposed GMO regulations introducing safety certificates for exports of GM agricultural products. At present the regulations will still be implemented from March 20.
The major concern with the proposed regulations is that exporters will have to obtain safety certificates (and applications will take up to 270 days to process) before entering into supply contracts.
Under WTO rules, Chinese import duties are due to fall from the current level of 22% to 17% by 2004. With market liberalization, increased imports would have been expected, GAFTA said.