Grains Council Urges Regulatory Harmonization in Ag Sector
It's been widely accepted that the current level of food production will need to double in order to feed a global population of nine-billion people by mid-century. The U.S. Grains Council notes this will not only pose enormous food security challenges for consumers - but also production challenges for producers around the world. With increasing pressures on land and water resources - it's clear agriculture will have to grow more with less. The U.S. Grains Council says the wider deployment of modern farming practices - including agricultural biotechnology - is essential. During a U.S.-European Union stakeholder event held as part of the initiation of the Transatlantic Trade and Investment Partnership negotiations - the Grains Council urged that regulatory harmonization be a top priority in the ag sector. The Council says countries must work together to remove regulatory impediments to the timely review and approval of genetically modified events. The group notes the EU regulatory system is increasingly slow and is resulting in an ever increasing backlog of events. The system - according to the Grains Council - lacks a workable low presence policy to address events under review but not yet approved -and requires a redundant risk assessment on stacked events of which the components were previously approved. As a result - the Council says the ability to respond to market conditions and opportunities to export U.S. feed grains to the EU countries is severely constrained and unpredictable. The Council believes these regulatory challenges need to be addressed as part of the T-TIP negotiations.
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