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In 2020, China committed to a number of reforms to its agricultural biotechnology policies under the U.S.-China Economic and Trade Agreement (“Phase One Agreement”).
Colombia continues to expand its biotechnology frontier. The adoption rate for biotech corn has surpassed that of cotton and the development of a regulatory framework is underway.
U.S. grains have seen mixed results in the Colombian market following enactment of the U.S.-Colombia Trade Promotion Agreement.