Revised Regulations in EU Could Spell Potential for U.S. Exports

U.S. farmers could see a more significant European market share in the coming years when it comes to genetically modified food products. The European Union (EU) announced yesterday plans to potentially revise its rules on genetically modified organisms (GMOs). In an effort to provide the EU’s farmers with more resilient crops, reduce chemical pesticides and give consumers higher nutritional values, the European Commission is proposing the change to the European Parliament and EU governments, which may strike down or offer revisions to the proposal.

If enacted, Bayer, the world’s second-largest seed and pesticide company, says it would be “ground-breaking.” European environmental groups advocate for the same comprehensive labeling requirements for new GMO foods. The labeling requirement is essentially what has prevented U.S. exports of GM products to Europe in the past.

Read more on changing GMO regulations in the EU here.