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 06/11/2008  

GAFTA: The Trade demands the EU tackles its GM policy

London, 11th June 2008

On the occasion of the international grain trade dinner in London, GAFTA's president, Pedro Palomo,

focussed on the need for governments and authorities to take a robust stand and speed up the

authorisation process of GM events as the current situation is entirely unworkable. Europe needs a fully

functioning regulatory system and the trade urges the Commission to support EFSA'si scientific opinion

and most importantly to encourage synchronous approvals. The international trade cannot take the risk

of importing GM commodities without a fully functioning approvals system. Not all EU decisions to

date have been taken based on sound science and as a result trade in corn products has been disrupted.

Mr Palomo said alarm bells are also ringing with potential problems and disruption for the future of soya

imports. The EU has a well known deficit in soya and is currently importing 35 mt, much needed for the

EU food and compound feed sectors. With rising prices and increased food costs overall, the absence of

this protein source will be felt by European consumers. The EU can no longer dismiss GM. The feed

industry has already felt the effects of the high prices of this campaign and faces a very bleak future

should the EU not sort its approval system out. Moreover, the Traders cannot risk importing

consignments with small traces of unapproved events which would be unlawful. The current zero

tolerance is unsustainable.

Last year this amounted to an effective ban on the import of corn products from the US. Zero tolerances

are impossible to achieve in the vast tonnages shipped in bulk worldwide and to avoid the risk of

importing unapproved events, be it at low levels, goods will be directed elsewhere. This will continue

with increased plantings worldwide and the situation will worsen this autumn with planting of GM soya

traits in third countries not yet approved in the EU. Decisions on biotechnology must be based on sound

science and not on political rhetoric. The EU must set a sensible threshold when discussing the

redefinition of zero tolerance policy so the trade can continue to carry on importing food and feed

without disruption.

ABOUT GAFTA

GAFTA's aim is to promote the international trade and to protect the interests of its Members

which has been the driving force since 1878. GAFTA is an international trade association with

more than 1000 Members in over 90 countries. GAFTA Members are involved in trading grain,

animal feedstuffs, pulses and rice or provide services to the Trade as brokers, superintendents,

banks, analysts, arbitrators, professional firms and solicitors.

GAFTA has its headquarters in London and has representative offices in the Ukraine and China.

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