Word: biotech
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REASON The country is eager to participate in the potentially profitable biotech revolution but is worried about alienating anti-GM customers in Europe...
...genetically modified ingredients--an effort shouted down by angry consumers. Meanwhile, Greenpeace began to target U.S. companies such as Gerber, which quickly renounced the use of transgenic ingredients, and Kellogg's, which has yet to do so. With so-called Frankenfoods making headlines, several other companies cut back on biotech: McDonald's forswore genetically engineered potatoes, and Frito-Lay decreed it would buy no more genetically modified corn...
...Label Genetically Engineered Food with a staff of one (himself), mount a website and sell 160,000 "Take Action Packets" in nine weeks. Want to know what the Chileans are doing about transgenic grain shipments? How South Korean labeling laws work? Just subscribe to one of the four biotech e-mail lists of the Institute for Agriculture and Trade Policy, based in Minneapolis, Minn...
...issue that is now on the front burner dates back to 1992, when the FDA decided that biotech ingredients did not materially alter food and therefore did not require labeling. Nor, the agency declared, was premarket safety testing required, because biotech additives were presumed to be benign. Last March the Center for Food Safety and 53 other groups, including the Union of Concerned Scientists, filed a petition to force the FDA to change its policy...
Meanwhile, the biotech issue is gathering steam in Congress, where safety and labeling bills have been introduced by Democratic Representative Dennis Kucinich of Ohio and 55 co-sponsors in the House, and by Daniel Patrick Moynihan and Barbara Boxer in the Senate. Similar statewide bills are pending in Maine, Colorado and Oregon. Shareholder resolutions demanding safety testing and labeling have targeted a score of companies from life-science giants to supermarket chains...