http://www.financialexpress.com/fe/daily/20001209/fco09050.html

Ban on import of oil from GM oilseeds likely

Saturday, December 9, 2000
Financial Express [shortened]

New Delhi : The Union Agriculture Minister, Nitish Kumar said that the
government is considering to ban imports of edible oils made from
genetically modified (GM) soyabeans and other seeds.

He said that this measure will stall dumping by some producer countries
that has adversely affected the Indian farmers.

He said these countries resort to dumping by taking undue advantage of
the low WTO bound-rate duty of 45 per cent for imported soyabean and
rapeseed oils. All other oils attracted a higher import duty of up to
300 per cent.The minister said much of the soyabean oil coming from
abroad was from genetically modified seeds.

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