Where does America stand on ChemChina’s bid – and who will take over the funding of Indian research into GM mustard seed?
In the news: ChemChina is bidding to acquire Syngenta AG, a global Swiss biotechnology agribusiness that produces agrochemicals and seeds and conducts genomic research. The company is said to be ‘positioning’ itself for “the day when GM corn can be grown domestically, boosting yields in a country that is home to more than 20% of the global population but has less than 10% of the earth’s arable land”.
Beijing does not currently allow cultivation of genetically-modified crops, but is reported to be considering a relaxation of the ban – though its citizens are opposed to use of this technology – see the recent news on this site about a ban on GM food in a section of the Chinese army.
Here, the US/Swiss Syngenta connection is spelt out:
Brian Babin, a Republican congressman whose district includes a Syngenta plant in Houston that produces ingredients and fungicides, foreshadowed potential obstacles ahead. “I believe it is critical that every purchase by China of any company that operates in the United States should be fully reviewed by Committee on Foreign Investment United States (CFIUS),” he said. “There should be absolutely no exceptions.”
A reader recently sent a link to news from New Delhi that government officials were to decide on Friday 5th February whether to allow what could be India’s first genetically modified (GM) food crop, mustard, spurred by food security concerns.
Indian-developed GM mustard yield is said to be 20-30% higher than normal varieties, which would help slash an annual bill for vegetable oil imports of more than $10 billion.
Dr Vandana Shiva gave a clue to the provenance of this mustard: “Our mustard is once again under threat, this time from genetic engineering of mustard for sterility and herbicide tolerance by Dr Deepak Pental (left), Delhi University’s former vice-chancellor”.
But a further search found that recently Pental’s chief funder, National Dairy Development Board’s (NDDB), has withdrawn funding, recommending that the Indian Council for Agricultural Research (ICAR) should support the further research on the project.
Will others step in? Monsanto? Syngenta/Chem China?