Russia positions itself to supply the world with organic food

Russia is poised to become the world’s largest supplier of organic foods, after taking a stand against genetically-engineered seeds last summer, saying that it has “chosen a different path.” The decision is based on healthy scepticism as Russia refuses to breeze over the fact that GMOs have not been proven safe for long-term consumption.(1) The … Continue reading Russia positions itself to supply the world with organic food

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India slashes Monsanto’s GMO seed royalty, says US firm ‘free to leave’ anytime

India has cut royalties that local seed companies pay to US agrochemical giant Monsanto for the second time in two years. The producer of genetically modified seeds has previously threatened to pull out of the country. According to a government order released on Tuesday, the country’s farm ministry has decided to reduce royalties paid by … Continue reading India slashes Monsanto’s GMO seed royalty, says US firm ‘free to leave’ anytime

Scientists Worried as US Gives Green Light to Genetically Modified Rice

The approval of genetically modified Huahui No.1 rice by the US Food and Drug Administration paves the way for the Chinese GMO product to the international market. Speaking to Sputnik, Na Zhongyuan, the director of the Yunnan Institute for Ecological Agriculture, expressed his concerns about the use of genetically modified food. The US Food and … Continue reading Scientists Worried as US Gives Green Light to Genetically Modified Rice

Russia squeezing US out as agricultural superpower

The US is being pushed out of the grain market as Russia's bumper wheat harvest has dragged down prices to record lows. Russian agricultural exports are booming thanks to a weaker national currency and massive investment. “We are pushing America aside in some markets, and we are satisfied with this,” said Russia’s Agriculture Minister Aleksandr Tkachev. … Continue reading Russia squeezing US out as agricultural superpower

Golden Opportunities for Asian Companies Eyeing Russia’s Far East

To diversify its national economy, Moscow has pledged to boost investments and trade in Russia's Far East. The region is rich in natural resources but requires more infrastructure building for deeper economic integration and to boost exports. Asian companies are likely to cash in. Tom McGregor takes a closer look By Tom McGregor, CCTV.com Panview commentator … Continue reading Golden Opportunities for Asian Companies Eyeing Russia’s Far East