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2007-03-05 |

Brazil senate approves resolution to hasten GMO approval

Brazil’s Senate Tuesday approved a resolution that would cut the number of votes needed for the approval of genetically modified organisms - a move that could have widespread implications for multinational makers of transgenic seeds such as Monsanto Co., Syngenta and Bayer CropScience. The resolution, however, still must gain the signature of Brazil President Luiz Inacio Lula da Silva before it passes into law. ”President Lula now has 15 days to accept or not accept the Senate’s resolution,” a spokeswoman for Brazil’s Biosafety Commission, or CTNBio, said in a phone interview with Dow Jones Newswires.

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2007-03-05 |

Brazil senate approves resolution to hasten GMO approval

Brazil’s Senate Tuesday approved a resolution that would cut the number of votes needed for the approval of genetically modified organisms - a move that could have widespread implications for multinational makers of transgenic seeds such as Monsanto Co., Syngenta and Bayer CropScience. The resolution, however, still must gain the signature of Brazil President Luiz Inacio Lula da Silva before it passes into law. ”President Lula now has 15 days to accept or not accept the Senate’s resolution,” a spokeswoman for Brazil’s Biosafety Commission, or CTNBio, said in a phone interview with Dow Jones Newswires.

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