Approval of Commercialization of New Transgenic Soy by the European Union Guarantees Market for Brazilian Growers

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Approval of Commercialization of New Transgenic Soy by the European Union Guarantees Market for Brazilian Growers PR Newswire SAO PAULO, July 6, 2012 - Measure represents a big step for Brazilian soy exportations, say seed producers SAO PAULO, July 6, 2012 /PRNewswire/ -- Approval by the European Commission on June 28th of the commercialization of the new technology of transgenic soy that

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Publié par

barcelona-solucoes-corporativas

Nombre de lectures

132

Langue

English

Approval of Commercialization of New

Transgenic Soy by the European Union

Guarantees Market for Brazilian Growers

PR Newswire

SAO PAULO, July 6, 2012

- Measure represents a big step for Brazilian soy exportations, say

seed producers

SAO PAULO

July 6, 2012

/PRNewswire/ --

Approval by the European

Commission

June 28th

of the commercialization of the new technology of

transgenic soy that combines in a single seed tolerance for herbicides and

resistance to insects, represents an opening of the market and acceptance of

the benefits and safety of genetically modified seeds for the world, according to

the

Brazilian Association of Seeds and Seedlings

(ABRASEM)

ABRASEM is celebrating the opening of new doors to varieties of high

technology seeds that offer growers benefits as well as peace of mind, and

now, the guarantee that they can also export to the European Union the

soy

produced in

Brazil

from the new seeds.

Europe

is the second main destination

of Brazilian soy exports, after only

China

According to ABRASEM, the Brazilian regulatory framework is one of the most

highly evolved in the world with respect to genetically modified organisms,

though it regrets that the pace has not been the same in the principal markets

where national production is sent. "Nowadays, companies are investing more

and more in new technologies for the Brazilian market. It is necessary for the

markets that are importing our agricultural production to keep pace with this

movement," notes farmer and ABRASEM President,

Narciso Barison Neto

With regard to the seed, he also emphasizes that it will bring environmental

benefits, since it will considerably reduce the use of herbicides and insecticides

by growers.

Brazilian growers await approval of new soy in new markets

The new soy, which goes by the commercial name of Intacta RR2 Pro, was

approved for growing and commercialization in

Brazil

by the

Brazilian

National Technical Commission for Biosafety

(CTNBio) in 2010

. It is the

first variety developed from combined genes and especially for

Brazil

, although

according to ABRASEM, its use is going to expand to other countries, chiefly the

member countries of Mercosul. The new technology is also awaiting approval

for commercialization in

China

, which is the largest importer of Brazilian soy. In

2011, 17.5 million tons of soy were exported to the Chinese market.

Barison explains that the same approval that took place in

Europe

is expected

for other countries such as

China

. "In addition to guaranteeing a market for

growers who have opted for the new technology, the approvals of

commercialization help to increase Brazilian exports of commodities and,

consequently, to increase revenue for growers, while also contributing to our

positive trade balance, making the Brazilian grower more efficient and

competitive," he says. He also emphasizes the importance of regulatory

synchronization concerning biotechnology among the principal exporting and

importing countries of grains so there will be good commercial fluidity between

markets.

About ABRASEM

The

Brazilian Association of Seeds and Seedlings

(ABRASEM)

represents

the various segments of the seed and seedling sector in

Brazil

, from the initial

phase of the agricultural production cycle, offering technical assistance to rural

growers, through support with research and development of new varieties of

plants so they can best adapt to the varied geographic conditions of the

country. Founded in 1972, ABRASEM brings together 13 associations of

producers of seeds and seedlings, 126 laboratories, 332 processing units, 1,200

storage units, as well as the research segment (breeders). The association

includes 620 associated producers, 42 thousand farmers, 4,400 technicians and

16,600 vendors, in addition to creating 1.4 million direct and indirect jobs.

Additional information for the press:

Barcelona Solucoes Corporativas

+55-11-3019-3092/ 3091/ 3095

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