Monday, March 22, 1999
Seeds into $$$
Like watching the grass grow
WASHINGTON - Although product labeling and threats to boycott genetically modified foods make headlines in Europe, the most serious conflicts between the U.S. and Europe over biotech trade issues center on the slow pace of European approvals for GM crops, according to representatives of the U.S. biotechnology industry and agricultural exporters.
Thus a plan by European retailers to avoid GM products is not likely in itself to have a big impact on exports of U.S. products, because the house-brand products comprise only a fraction of U.S. production. European imports