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China extends interim GMO import rules until April 2004

(Monday, June 2, 2003 -- CropChoice news) -- by Roger Bernard, AgWeb, 5/29/03: China has yet again delayed the imposition of new rules covering the import of GMO products, according to reports.

Wire services this morning are quoting Chinese officials as saying the the interim rules now in place will be extended until April 20, 2004. The rules have already been extended by the Chinese, the most recent time until Sept. 20, 2003.

The reports say Chinese officials cited "technical" reasons for the latest shift in applying the new rules. U.S. officials have been monitoring the situation closely, trying to make sure that the new rules won't disrupt sales of U.S. soybeans to our number one customer.

Despite the announcement of the delay, indications are that some traders are reluctant yet to line up more purchases for arrival in China later this year until they see the details of the latest decision.