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FAS: Korea now 'essentially a non-biotech market'

(Aug. 8, 2002 -- CropChoice news) -- "Korea currently has a variety of government agencies involved in regulating products of biotechnology, and proposals now under consideration would include even more agencies in the future. The regulations on labeling have already impacted U.S. exports of food grade corn, and to a lesser extent, food grade soybeans to Korea. This is now essentially a "non-biotech" market, as retailiers avoid placing "GMO" labeled products on store shelves, fearing consumer reaction," according to a USDA Foreign Agricultural Service report, available at http://www.fas.usda.gov/gainfiles/200207/145783456.pdf