Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Non-GM soybeans
Date
01/11/2019
Policy Category
Trade
Policy Instrument
Bilateral, sector-specific trade initiatives
Description
China and Uruguay conducted talks on a technical protocol that would open China’s markets to imports of non-genetically modified (GM) soybeans from Uruguay.
Notes
Bilateral sector-specific initiatives – Uruguay / China – non-GM soybean: The two countries initiated talks on a technical protocol that would open China’s markets to imports of non-GM soybeans from Uruguay. Besides importing large volumes of GM-soy for subsequent crushing into meal and oil, China also purchases limited quantities of non-GM soy for direct human consumption. Allegedly, Uruguay has the potential to supply up to one million tonnes of certified non-GM soy annually.