Business Recorder [Pakistan's First Financial Daily] pagina 1 van 2 Friday March 27, 2009 Back Issues [From 2004-01-01] 2009-03-27 Get LATEST : Bomb at Khyber Agency mosque, at least 45 de- 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 Kan de webpagina niet vinden Search Post your views on this article Name : Email : World Indices Index Closing Chg% Views : DJIA 7,924.56 2.25 Nasdaq 1,587.00 3.80 S&P 832.86 2.33 FTSE 3,925.20 0.60 Submit Clear DAX 4,259.37 0.85 CAC-40 2,892.07 0.05 Nikkei 8,626.97 0.11 Today's Print Edition Advertisers H.Seng 14,119.50 0.07 Page Advertiser Ad Caption Sensex 10,048.49 0.45 Pakistan State Oil Company PSO Fleet and Updated at 4:00 pm Pst 1 Limited Corporate Cards Suzuki Marine 1 Modern Motors Private Limited Outboard Engine Umrah Executive 1 Universal Brothers Packages http://www.brecorder.com/index.php?id=7731&currPageNo=1&query=&search=&ter... 27-3-2009 Business Recorder [Pakistan's First Financial Daily] pagina 2 van 2 IBM System Storage 2 IBM DS3300 Express Notice of Annual 3 BOC Pakistan Limited Flights to General Meeting Pakistan 3 Askari Bank Notice of Book Closure Book online and Notice of Extra save up to 70% on 3 Nishat Mills Limited Ordinary General the price Meeting BudgetWorldTravel.org 3 Aaj News Aaj Programme Notice For Inviting 5 Pepco Gallop Tender NY Closing World's No. 1 Office of The Executive Engineer Euro 0.739 Matrimony 5 Provincial Buildings Division No. Notice Inviting Tender Sterling 0.6917 III Karachi Find Trustworthy Swiss Franc 1.1271 Groom Living In Financial Statements Yen 98.835 US Create Profile 13 Barclays Bank For The Half Year Gold 937.30 Ended Now! 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Foreign Debt $45.00bn 22 Bank Al Habib Limited Financial Statements Per Cap Income $1085 Bekijk het actuele 23 Bank Al Habib Limited Financial Statements GDP Growth 5.8% vacature aanbod Average CPI 12.00% 24 Bank Al Habib Limited Financial Statements nu online en schrijf Monthly February je snel in! 25 Bank Al Habib Limited Financial Statements Trade Balance $-857 mln Energy Solutions (Private) Exports $1.26 bln www.NationaleVacaturebank.nl 30 Aksa Generators Limited Imports $2.12 bln Generators Available Weekly March 24, 2009 30 021-7752450 On Rent And Sale Reserves $10.161 bln Search | Top Stories | Business & Economy | Stocks & Bonds | General News | Editorials | Articles & Letters | | Cotton & Textiles | Agriculture & Allied | Fuel & Energy | Money & Banking | Telecommunication | IT & Computers | Company News | Taxation | | Rates & Schedules | | Budgets & SROs | Statistics | Documents | Reader Comments | Search | Currency Converter | | Supplements | Subscription | Advertisement in brecorder | Advertisement in Print | Tell a Friend | | Disclaimer | Privacy Policy | Terms of Use | Contact Us | Help | Karachi Head Office Recorder House, 531 Business Recorder Road , Karachi-74550 Pakistan Phone: 225-0311, 225-0071/5 (five lines) Fax: 222-8644 © Copyright Business Recorder http://www.brecorder.com/index.php?id=7731&currPageNo=1&query=&search=&ter... 27-3-2009.