Agricultural Economics Department

 

Cornhusker Economics

Date of this Version

July 2003

Document Type

Article

Comments

Published in Cornhusker Economics, 07/16/2003. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

On July 2 the European Parliament approved a new regulation governing Genetically Modified Organisms (GMOs) that includes a requirement for products with more than 0.9 percent of biotech material to be labeled as: “This product is produced with GMOs.” The regulation also includes provisions for tracing GMOs at all stages of production. The regulation is expected to be approved by the Council of Ministers of Agriculture and pass into law before the end of the summer. The introduction of strict traceability and labeling requirements by the European Union (EU) is the latest event in an on-going dispute between the EU and the U.S. regarding Genetically Modified Products (GMPs).

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