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Stock Option Trading Europe and developing countries clashed with the United States Thursday about the global trade in genetically modified commodities, with the former demanding strict labeling and liability laws and the latter seeking looser guidelines.

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Currency Day Trading As a five-day conference on biotechnology safety neared its conclusion, government officials, scientists and environmentalists from more than 80 nations remained mired in disputes about whether gene-spliced crops might benefit -- or befoul -- human health and the environment.

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Financial Software Trading Meanwhile, Mexico announced it was banning imports of some genetically engineered maize -- a decision that could affect its imports from the United States, a key exporter of biologically altered foods.

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Online Stock Trading Company Divisions at the conference surfaced in nearly every discussion on how to implement the U.N. Cartagena Protocol, which aims to protect Earth's diversity of life from biotechnology's possible risks by ensuring countries receive enough information to let them accept or reject gene-modified imports.

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Forex Day Trading European and African countries called for punitive measures against signatories that fail to comply with the protocol's requirements to be included. The United States and Canada argued that such measures -- which some countries say could include trade sanctions -- are unnecessary.

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Financial In Market U.S. officials said identification papers accompanying bio-engineered shipments meant for release into the environment -- such as new varieties of corn for cultivation -- shouldn't have to include details on how they've been genetically modified. India and Iran disagreed.

Stock Trading System Swiss delegate Francois Pythoud, who chaired talks on the transport of biotech goods, expressed hopes that before the conference ends Friday, delegates might agree on ``compromise language'' for texts that suggest how shipments should be packaged and identified.

Day Trading Stock Tip Ethiopia and other African nations called for a legally binding international regime that allows people to seek compensation from exporters if gene-modified organisms contaminate their environment or damage their health. But many countries refused to debate legalities for now.

Financial Forex Forex Software Environmentalist groups accused biotech crop producers that haven't ratified the Cartagena Protocol -- such as the United States and Canada -- of undermining the treaty by trying to persuade other countries to sign separate agreements with them on biotech shipping procedures.

Stock Market Trading Mexico, which has ratified the protocol, last October signed a tripartite accord with the United States and Canada that activists claim barely fulfills some the protocol's minimum requirements.

Day Lesson Stock Tip Trading Victor Manuel Arambula, executive secretary of Mexico's biosafety commission, announced Thursday his country was banning imports of maize engineered for nonagricultural purposes, such as producing proteins and chemicals used in pharmaceutical products and plastic.

Financial System Trading The ban -- which takes effect immediately -- aims to prevent any genetic contamination of maize cultivated in Mexico for food, Arambula told reporters.

Day Trading Future He said the ban doesn't interfere with Mexico's obligations under its pact with the United States, and Greenpeace spokeswoman Doreen Stabinsky said the announcement was ``insignificant'' because Mexico currently doesn't import any of the maize it is banning. She accused Mexican officials of trying to deflect attention from the criticism it has attracted over its trilateral agreement.

Financial Forex Market Trading Mexico noted in a statement Thursday that the agreement has ``not been free from mistrust and criticism,'' but stressed its aim was to maintain trade of genetically altered goods ``in a practical, unequivocal and realistic way.''

Online Trading Stock And Mexico last year imported 5.6 million metric tons (6.1 million short tons) of yellow corn, mostly from the United States, Arambula said. He gave no statistics on what percentage of these were gene-modified.

Day Trading Software Associated Press - 2/26/2004

Topic: Genetic Engineering

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