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- (-) December 2023
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Post slightly lowers the MY 2023/24 rice production forecast due to some minor aman season crop damage caused by a cyclone. Despite the reduced production, Post lowers the rice import forecast to 500 thousand MT, as the Government of Bangladesh maintains its high rice import tariff of 62.5 percent.
Despite the private sector's support for biotechnology, Venezuela maintains a ban on the domestic use and research of modern biotechnology-derived agriculture. Venezuela’s basis for the ban is through the Seed Law of December 2015, which also prohibits the importation of genetically engineered (GE) seeds.
Bangladesh is pursuing advanced biotechnological crop research. In June 2023, the Bangladesh Academy of Science submitted a “Standard Operating Procedures for Research and Release of Genome Edited Plants of Categories SDN-1 and SDN-2 in Bangladesh”...