Reuters
Thu Aug 21, 2008
The seed must still be approved by the Latin American
country's Agriculture Ministry before it can be planted.
Within the CTNBio's
decision-making committee, 18 members voted in favour,
three against and two abstained.
Any objections to the decision must be raised within 30
days, and would be examined by the National Biosafety
Council, which comprises representatives from 11 government ministries.
CTNBio's decision was its first
approval of a genetically modified crop since September 2007, when it approved Syngenta's (SYNN.VX: Quote, Profile, Research, Stock Buzz)
pest-resistant Bt11 corn.
Several genetically modified crops are already planted in
the agricultural powerhouse, including herbicide-resistant soy and
pest-resistant cotton. Genetically modified corn already approved in
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