AGL 40.20 Increased By ▲ 0.20 (0.5%)
AIRLINK 127.31 Increased By ▲ 0.27 (0.21%)
BOP 6.63 Decreased By ▼ -0.04 (-0.6%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.62 Increased By ▲ 0.07 (0.82%)
DFML 41.91 Increased By ▲ 0.47 (1.13%)
DGKC 87.70 Increased By ▲ 0.85 (0.98%)
FCCL 32.70 Increased By ▲ 0.42 (1.3%)
FFBL 65.21 Increased By ▲ 0.41 (0.63%)
FFL 10.35 Increased By ▲ 0.10 (0.98%)
HUBC 109.49 Decreased By ▼ -0.08 (-0.07%)
HUMNL 14.67 Decreased By ▼ -0.01 (-0.07%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.85 Increased By ▲ 0.47 (1.14%)
NBP 59.70 Decreased By ▼ -0.71 (-1.18%)
OGDC 194.00 Increased By ▲ 3.90 (2.05%)
PAEL 28.20 Increased By ▲ 0.37 (1.33%)
PIBTL 7.79 Decreased By ▼ -0.04 (-0.51%)
PPL 152.00 Increased By ▲ 1.94 (1.29%)
PRL 26.59 Decreased By ▼ -0.29 (-1.08%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.59 Decreased By ▼ -0.12 (-1.56%)
TOMCL 35.43 Increased By ▲ 0.02 (0.06%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.00 Decreased By ▼ -0.41 (-2.5%)
TRG 52.73 Decreased By ▼ -0.56 (-1.05%)
UNITY 26.45 Increased By ▲ 0.29 (1.11%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,958 Increased By 74.7 (0.76%)
BR30 30,930 Increased By 329.5 (1.08%)
KSE100 93,922 Increased By 566.7 (0.61%)
KSE30 29,100 Increased By 169 (0.58%)

India will allow imports of genetically modified soyoil without government approval until further notice, the commerce ministry said on its Web site. After warnings from environmental and health lobby groups.
India said in 2006 that imports of GM foods or animal feed would need prior permission from the Genetic Engineering Approval Committee, an arm of the Environment Ministry.
But following requests from trade bodies, the government deferred the implementation of the order for soyoil and has extended the stay several times. It was due to expire on December 31. The Directorate General of Foreign Trade, in a statement dated December 27, said GM soyoil could be brought to India until it issued further orders.
India, a leading buyer of cooking oils, annually consumes about 10 million tonnes of edible oils, with imports contributing about half. The country also imports non-edible oils such as vanaspati or hydrogenated oil and crude palm starin or CPS to make soaps. It buys palm oil from Malaysia and Indonesia, and soyoil from Brazil and Argentina.

Copyright Reuters, 2008

Comments

Comments are closed.