European Review of Agriculture Economics Vol 29 (1) (2002) pp.155-176
© 2002 Oxford University Press and the Foundation for the European Review of Agricultural Economics
Regulation of biotechnology: will we ever freely trade GMOs?
Ohio State University, Columbus, OH, USA
Summary
In this paper, the issue of regulation of and trade in genetically modified organisms (GMOs) is examined. It is shown that, despite rapid adoption of GMOs by a few exporters, many importers have developed relatively restrictive procedures for premarket approval of GMOs, and are requiring mandatory labelling. Although exporters have yet to seek a ruling on these regulations, a trade dispute over GMOs is likely to occur. An analysis of the reasons for such a dispute is presented in the paper, along with a discussion of whether such a dispute can be resolved through existing World Trade Organization procedures.
Keywords: biotechnology, regulation, trade