Monsanto Drops Bid to Advance New GM Crops in Europe
4:46 AM Friday, July 19, 2013

"We will no longer be pursuing approvals for cultivation of new biotech crops in Europe," the biotech company said in a statement.
"Instead, we will focus on enabling imports of biotech crops into the EU and the growth of our current business there," Monsanto added.
Only two genetically modified crops are allowed to be grown in the European Union (Monsanto's MON 810 maize and BASF's Amflora potato).
The EU currently has a 'zero tolerance' policy for importing GMOs. Presumably, Monsanto will focus their attention on modifying this policy, and they already have an strong ally in the European Commission -- President Jose Barroso.


