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EU approves Monsanto, Bayer genetically modified soybeans

BRUSSELS - The European Commission on Friday approved imports of two types of Monsanto's genetically modified soybeans and one sold by Germany's Bayer CropScience for use as a food or animal feed.

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Reuters file photo.

BRUSSELS - The European Commission on Friday approved imports of two types of Monsanto's genetically modified soybeans and one sold by Germany's Bayer CropScience for use as a food or animal feed.

The Commission gave a green light to the products after EU member states failed to reach an agreement on whether to license them.

U.S. seed company Monsanto's genetically modified products and weed-killer are politically sensitive in Europe, where consumer and green groups have campaigned against them over potential health and environmental risks.

The Commission's approval will allow these GMO soybeans to be used in food or animal feed, but not for growing crops.

"Any products produced from these GMOs will be subject to the EU's strict labeling and traceability rules," the EU executive said in a statement.

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The EU already imports tens of million tonnes of GMO crops and products every year for use in animal feed.

The authorisations for Monsanto's soybean MON 87708 x MON 89788 and soybean MON 87705 x MON 89788 as well as soybean FG 72 of Bayer's Crop Science division will be valid for 10 years.

Bayer is seeking to take over Monsanto, although the U.S. company turned down a $64 billion offer earlier this week.

The United States is the biggest producer of GMO crops and has long been at the forefront of technology aimed at protecting crops against insects and preventing them from developing resistance to herbicides. 

Related Topics: SOYBEANS
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