Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

EU NATIONS COULD GET POWER TO BLOCK GMO CROPS

Published by Gbaf News

Posted on November 12, 2014

Featured image for article about Top Stories

BRUSSELS (AP) – European lawmakers have voted to give EU member states the power to ban cultivation of genetically modified crops on their territory even if they have been approved by the 28-nation bloc.

Tuesday’s vote on genetically modified organisms, or GMOs, must still be converted into EU-wide law by the bloc’s executive, the European Commission and national governments.

Gilles Pargneaux, a member of the Socialists and Democrats group in the European Parliament, says the vote “brings more legal certainty to member states willing to limit or ban GMO cultivation in their territory.”

Environmentalists welcomed the vote by the parliament’s Environment, Public Health and Food Safety Committee.