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(From BusinessWorld (Philippines))
Byline: Beverly T. Natividad
The country's ratification of an international agreement regulating trans-boundary shipments of genetically modified agricultural products will cost both farmers and consumers, said international consultants for agricultural trade.
In a presentation to the conference on Biosafety Policy Options for the Asia Pacific Economic Council (APEC) Economies, Raul Montemayor, a consultant for the International Food and Agricultural Trade Policy Council, said that the country's expected ratification of the 2003 Cartagena Protocol will require it to meet new agricultural trade standards and testing …