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In September 2024, a National Assembly member submitted a draft revision of the Act on Transboundary Movements of Living Modified Organisms, commonly referred to as the LMO Act.

The Government of Argentina (GOA) approved five new genetically engineered (GE) events in late 2023 and 2024, including one cotton, two soybean, and two corn events. In 2024, the first three applications were submitted for joint assessment by the agricultural regulatory agencies of Argentina and Brazil under the Cooperation Agreement on Biosafety of Modern Biotechnology Products, signed in 2022.

The Government of Argentina (GOA) approved five new genetically engineered (GE) events in 2023 (two soybean and three corn). Argentina and Brazil continue to be at the forefront of biotechnology and signed the Cooperation Agreement on Biosafety of Modern Biotechnology Products on October 20, 2022.

Korea has not finalized the May 2021 revisions of its Living Modified Organism (LMO) Act, which defines Korea’s regulatory policies for products developed through innovative technologies including genome editing.

The Government of Argentina (GOA) approved two new genetically engineered (GE) events in 2022 (one soybean and one maize). In November 2021, Brazil's regulatory agency approved the commercialization of wheat flour containing the HB4 drought tolerance event grown in Argentina. As a result of this approval by Argentina’s most important export market for wheat, the GOA granted full approval for seed commercialization.

In 2020, Argentina became the first country to grant conditional approval for cultivation of Genetically Engineered (GE) wheat.

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 2019, Argentina granted conditional approval for a record nine biotech events including the first Chinese-developed soybean event developed and field-tested under a joint venture...

In April 2019, the Rural Development Administration (RDA) announced the creation of its Center to Commercialize New Breeding Technologies.

This report provides minimal updates compared to the previous year’s report.

The Government of Argentina set a new record of seven biotech approvals in 2018, after a low level in 2017.

After 10 years under the Living Modified Organism (LMO) Act, Korea plans to improve and revise the LMO Act to address stakeholders’ concerns.