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Economic Coordination Committee approves letter of intent for hiring Monsanto Company to introduce Bt cotton varieties in Pakistan

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Islamabad, Pakistan
May 8, 2008

Source: Business Recorder via Pakistan Biotechnology Information Center (PABIC)
By Arif Rana

The Economic Coordination Committee (ECC) of the cabinet has turned down the proposal of the Ministry of Food, Agriculture and Livestock (Minfal) to form a 5-member consultative committee for technical collaboration with M/s Monsanto, an international firm, being hired for introducing Bt cotton variety in Pakistan.

However, it approved the final draft of Letter of Intent (LoI) for hiring M/s Monsanto for the job. Sources said Minfal had proposed forming the consultative committee in the ECC meeting held here on May 6, and also submitted the names for its members. The meeting was informed that the Law Division had vetted the draft and cleared it for ECC approval.

Minfal Secretary gave the ECC a presentation on the procedure followed by the government for hiring the reputed firm for introducing Bt cotton in Pakistan. He said that seven multinational companies (MNCs) including Monsanto, Pioneer, Syngenta, ICI, Bayers, Chinese Academy of Agriculture Sciences China, were invited with a job to engage for research and development of Bt cotton.

He added that the LoI was also circulated to all stakeholders including the provincial governments for comments and their views have been incorporated in the final draft.

M/s Monsanto will commercialise Bt cotton genes Bolligard and Mon 531 and other newly developed varieties in Pakistan. It will evaluate, develop and implement practical solutions to expand cotton production in Pakistan. It will also evaluate potential collaboration in other corps such as corn, soyabean and vegetables. M/s Monsanto will also provide information to create awareness about Bt cotton variety to all the stakeholders.

The ECC was presented a chart showing additional benefit reaped by India for timely introducing Bt cotton variety. The chart indicated that Bt cotton variety cut pest damage to the crop in different states on average by 60 percent to increase yield per acre by 4.3 maund an acre.

The presentation also included technology fee being paid by different countries for brining in Bt cotton variety. Australia was paying the highest fee for Bt cotton technology of $98. India is paying only $42, less than half of the Australian amount.

The meeting was informed that Pakistan's cotton crop was vulnerable to several deadly pests' attacks due to the use of uncertified seeds and it demands quick introduction of Bt cotton variety.

Minfal Secretary was of the view that Bt cotton seed imported from India in 20078 by the private sector was uncertified, which, instead of resisting pests attacks, enhanced Pakistan's cotton crop vulnerability for different deadly pests attacks.

 

 

 

 

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