FarmFoundation: Trade Resource Center blog post examines value of timely agricultural biotech approvals
OAK BROOK, IL June 18, 2019:
In a new post on Farm Foundation’s Food and Agricultural Trade Resource Center blog, author Daniella Taveau discusses the importance of agricultural and intellectual property in negotiation of the bilateral trade agreement between the United States and China.
Specifically, Taveau sites the economic impacts of China’s “sluggish approval of agricultural biotechnology.” She references a report commissioned by CropLife International that examined 17 biotech events across several countries and compared them to China’s approval dates. The study estimates China’s slow process generated $15 billion in U.S. crop, employment, wage and GDP losses over a five-year period. Canada, Brazil and Argentina also saw economic damage from the delays.
Farm Foundation created the Resource Center to bring clarity to trade discussions and enable productive debate and dialogue on trade policy issues. In addition to the blog, the Trade Resource Center offers analyses on a variety of trade issues, and a series of papers on trade basics.
“We continue to build the knowledge tools of the Resource Center and encourage dialogue on agricultural trade issues,” says Megan Provost, Farm Foundation’s Vice President for Policy and Programs. “This is another way in which Farm Foundation is continuing its 86-year tradition of providing public and private decision-makers with objective information and analyses they can use in their day-to-day work.”
Farm Foundation is an agricultural policy institute cultivating dynamic non-partisan collaboration to meet society’s needs for food, fiber, feed and energy. Since 1933, we have connected leaders in farming, business, academia, organizations and government through proactive, rigorous debate and objective issue analysis.
Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.