Pagina 1 Van 2 Business Recorder [Pakistan's First Financial Daily] 27

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Top Stories . Business & Economy - Stocks & Bonds Monsanto may be allowed to introduce hybrid, Bt Jobs in pakistan General News cottonseed varieties Middle East Job Editorials ASMA RAZAQ Opportunities. Upload ISLAMABAD (March 19 2009): The Economic Co-ordination Articles & Letters your Resume now: Free! Committee (ECC) of the Cabinet may approve plan to allow www.Bayt.com Cotton & Textiles Monsanto introduce both hybrid and Bt cottonseed varieties in Pakistan. Reliable sources told Business Recorder here on Agriculture & Allied Wednesday that the Ministry of Food and Agriculture (Minfa) had Fuel & Energy decided to move a summary to ECC meeting on Thursday (March Karachi Hotels Money & Banking 19) for giving permission to Monsanto to introduce hybrid and the Bt cotton seed varieties in Pakistan. One-stop source to Telecommunication compare hotel room rates IT & Computers According to the sources, after the ECCs approval, an agreement from across the web. would be signed between the government and Monsanto. The www.OneTime.com Taxation government had signed a LoI with Monsanto a year ago to Company News collaborate in biotechnology. Monsanto cotton traits are currently approved in 13 countries of the world. Stock & Funds Rates & Schedules Research Sports Sources said that Monsanto had demanded 16 dollars per acre as Get Insights with Weather royalty, which, according to Pakistan, was a huge amount. The Morningstar. 4000 government was not ready to pay even a single penny to Monsanto Reports with Free 14 Day that is why even after signing the LoI, Pakistan has not finalised the The Rupee agreement with Monsanto. Trial! Interbank closing rates www.Morningstar.com "It is true that Monsanto has been asking for royalty for the last one for dollar on Thursday. year, but now the Federal government has decided to take the Buying Rs 80.45 BR-Special matter to the provincial level," the sources said. The Minfa has Selling Rs 80.50 Schrijf geschiedenis Budgets & SROs already chalked out an action plan to be presented to the ECC. Dollar slides In de arena zul jij Exchange Rates Statistics They added that according to this action plan, the organisations like overwinnen! Speel nu Nayab and Nibge in collaboration with the provincial governments gratis Documents would start partnership with Monsanto to bring in the country the www.gladiatus.nl Yarn Prices hybrid cotton seeds and the Bt cotton varieties. 6444.19 237.92 Cotton Analysis "Monsanto would be allowed to bring the seeds of hybrid cotton to Sectoral Indices Tenders & Inquiries Pakistan for five years, while the gene of Bt cotton being developed Wire Transfer to India by Monsanto would be defused in our cotton varieties," the sources At Best Exchange Rates Brief Recordings disclosed. Monsanto is an agricultural company that invests almost & Free Gifts on Every Supplements 1.5 million dollars a day globally to look for and bring to market Remittance. Register Weekend innovative technologies. Now! Week at a Glance The company has developed Bollgard cotton, commonly known as axisbankremit.in The Buzz Recorder Bt cotton to control pest injury in production. Due to non-availability of approved Bt cottonseeds in the domestic market, the farmers Earthquake Update have started smuggling these seeds from India. Almost 60 percent BR-Services farmers in Punjab and 40 percent in Sindh are making the use of BR Group illegal Bt cottonseeds. Raw material from unapproved Bt varieties, result in low quality cotton crop. Market at Close Reader Comments BRIndex-30 6,206.27 Search Archive On the other hand, a senior official of Minfa, on the condition of anonymity, told this scribe that it might take another two years to KSE-30 Index 7,122.23 Currency Converter develop our own Bt cotton seed that would be more resistible KSE-100 Index 6,608.49 2,001.23 Tell a Friend against the attacks of mealy bug and Cotton Leaf Curl Virus LSE-25 Index (CLCV). ISE-10 Index 1,519.89 Help Gold Per 10gm 24,342.00 BR-Search Recently, Pakistan has signed an agreement with China on Bt KCA Spot Rate 3,250.00 Libor Rate 1.79438 cotton, while China itself introduced Bt cotton seed after signing a LoI with Monsanto in 1996, but it developed its own Bt cotton seed nmlkji brecorder.com after re-inventing it in Chinese laboratories. nmlkj Web Copyright Business Recorder, 2009 Google Search

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