South Korea: Agricultural Biotechnology Annual
Link to report:
Korea is in the process of drafting a proposal to revise its existing Living Modified Organism (LMO) Act to cover products of innovative biotechnologies, including genome edited products. In September 2020, Korea announced a “Plan to Promote Green-Bio Convergence Emerging Industry” aimed at doubling the size of its five green-bio sectors. This plan includes an effort to develop more genome edited seed varieties and bio-materials by 2030. In September 2020, a Korean lawmaker submitted a draft bill that would increase the scope of the country’s biotech labeling requirement to cover any product derived from biotech ingredients, eliminating exemptions for certain processed products.
