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- (-) November 2022
- (-) Croatia
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While Colombia's regulatory environment remains friendly toward the adoption of biotech-derived commodities and other innovative technologies, Congressional anti-biotechnology initiatives continue posing a threat, risking the benefits to consumers and the agricultural sector. In 2021, genetically engineered corn area planted grew 31 percent, reaching record figures, and genetically engineered cotton area planted recovered 55 percent compared to 2020.
Excessive rains and cloudiness in the last two years have suppressed Colombia's coffee production. In marketing year (MY) 2022/23, Post forecasts Colombian production at 12.6 million bags of green bean equivalent (GBE) coffee. Although local prices remain high, weather conditions are expected to continue affecting crop productivity.
Croatia is a net food importer; government policy is geared primarily towards raising agricultural productivity and then controlling imports. Although Croatia has adopted the European Union’s (EU) biotech legislation, Croatia is a part of a group of EU member states that “opted-out” of planting genetically engineered (GE) seeds. Croatia believes its competitive advantage in agricultural products lies in seeking a premium for high-quality “natural” products rather than competing on volume.