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News > International
EU clears altered tomato
October 11, 1999: 9:19 a.m. ET

Regulators OK first genetically modified crop in 18 months; ban still in place
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LONDON (CNNfn) - European regulators cleared a new genetically modified tomato for production Monday in the first approval for such products in more than 18 months
     The decision received a cautious welcome from industry groups who have watched public and political opposition to genetically modified products soar in Europe, in stark contrast to the apparent apathy surrounding the issue in the United States.
     European officials virtually banned new genetically modified products in June but remain split over the treatment and introduction of existing modified foodstuffs such as tomatoes and cotton.
     The Scientific Committee on Food, an arm of the Brussels-based European Commission, authorized the sale Monday of the genetically modified tomatoes produced by U.K.-based AstraZeneca (AZN), whose shares gained 1.2 percent in London.
     "It all has to be seen as relative [in the context of] the de facto moratorium," said Paul Muyse, spokesman for Europa Bio, a Brussels-based genetically modified industry group.
     The Zeneca tomatoes are intended for processed foods such as canned tomatoes and tomato paste. A genetically modified-derived paste was summarily removed from British supermarket shelves earlier this year amid a public outcry over the lack of testing of genetically modified foods and their potential impact on the community.
     Biotech firms, still fazed by the hostile reception to genetically modified crops in Europe, recently have taken steps to defuse the controversy. Officials of Monsanto (MTC), one of the leaders in genetically modified crops, last month met U.K. environmental groups and reportedly offered to halt crop trials in Britain. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.