Argentina: Agricultural Biotechnology Annual
The Government of Argentina set a new record of seven biotech approvals in 2018, after a low level in 2017. Due to a severe drought, and in order to maintain soybean processing at normal levels, Argentina is importing U.S. soybeans for the first time in over two decades. The Ministry of Agro-Industry authorized the import of genetically engineered (GE) soybeans for industrial use only. Despite the intense dialog between the government, the industry and the farmers’ associations, the seed royalty system continues to be an unresolved issue; a new Seed Law proposal is ready to be reviewed by Congress.