Thursday, June 16, 2016

Centre genetically modifies trade rules

After imposing intrusive price controls on genetically modified (GM) cotton seeds late last year, the government has now nullified, in a single stroke, all the existing licence agreements between trait providers and seed producers and laid down new mandatory norms for licensing, completely depriving technology companies like US-based Monsanto of the freedom to choose the licensees or negotiate commercial terms.

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