14 October 2013
Tasmania’s agricultural sector has suffered a net loss of $4 million per year due to a moratorium on genetically modified organisms (GMOs) that has provided little tangible benefit to the state in return.
CropLife strongly recommends that the moratorium not be renewed and that it be allowed to expire in November 2014. Ten years of evidence shows that the moratorium has only managed to hurt the state’s economy and has failed to give local growers a demonstrable advantage in domestic and global markets.. Furthermore, there is no evidence to suggest that this ongoing economic loss is likely to change were the GMO moratorium to be extended following this review.