Monsanto to drop requests for GM approvals in EU

Monsanto said on Wednesday (17 July) it would withdraw all pending approval requests to grow new types of genetically modified crops in the European Union, due to the lack of commercial prospects for cultivation there.

“We will be withdrawing the approvals in the coming months,” Monsanto’s President and Managing Director for Europe, Jose Manuel Madero, told Reuters by telephone.

…Full Text: http://www.euractiv.com/cap/monsanto-drop-requests-gm-approv-news-529365?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=EurActivRSS

Tags: import, insect-resistant MON810 maize, soybean, sugar beet, GMO approval system, genetically modified foods, livestock industry