Bioceres Crop Solutions Announces Regulatory Approval of HB4 Soy in China
Bioceres Crop Solutions Corp., a fully-integrated global provider of crop productivity solutions designed to enable the transition of agriculture towards carbon neutrality, has announced that China´s Ministry of Agriculture has publicly communicated its decision to approve the import and use as a raw material of soybeans produced using Bioceres´ proprietary drought tolerance technology, HB4.
Beijing Da Bei Nong Science and Technology Group Co. Ltd., Bioceres´ partner leading the regulatory efforts in China, confirmed the approval.
Argentina approved HB4 Soy for growth and consumption in 2015; unrestricted commercialization of HB4 Soy seeds in Argentina had been subject to Chinese import approval. HB4 Soy is now approved for unrestricted growth and commercialization in the United States, Canada, Brazil, Argentina and Paraguay, all together representing roughly 85% of the global soybean trade.
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