Venezuela to Prohibit Transgenic Crops
Venezuelan President Hugo Chavez Frias has announced that the cultivation of genetically modified crops will be prohibited on Venezuelan soil, possibly establishing the most sweeping restrictions on transgenic crops in the Western Hemisphere. Though full details of the administration’s policy on genetically modified organisms (GMOs) are still forthcoming, the statement by President Chavez will lead most immediately to the cancellation of a contract that Venezuela had negotiated with the U.S.-based Monsanto Corporation.
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