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Argentina and China strengthen cooperation in biogene technology

Source: Author: Date: May 24, 2019

The well-known Argentine company Bioceres recently held a promotion conference with the theme of “developing environment-friendly agriculture” in the embassy, and introduced the biotechnology products promoted in cooperation with its Chinese partner Dabeinong.

Chinese entrepreneurs in many biotechnology fields attended the event. During the event, Mr. Federico Trucco, CEO of Biocreres, emphasized that their company had applied for the world's first drought-resistant genetically modified soybean seed (HB4) patent. The application of this bean seed has been approved in Argentina and is currently awaiting the Chinese government Approval.

According to his introduction, there are a total of 50 million hectares of soybean fields in Argentina and Brazil. If 21.5 million hectares of this soybean can be widely used, each hectare will earn an extra $ 60 in profit each year, and the average annual output will increase at least $ 1.3 billion.

Mr. Zhang Shiping, Director of Biotechnology of Dabei Agricultural Company, attended the event on behalf of the company. The company focuses on crop protection technology and is the first Chinese company to obtain approval for genetically modified soybean products overseas.

Bioceres and the Da Bei Nong Alliance intend to use their respective advantages to create a unique soybean product that has good adaptability and resistance and will consolidate Latin America's position as a reliable food producer.

"Biogenetic technology is one of the key elements of the comprehensive strategic partnership between Argentina and China. The cooperation between the two countries is rich. Food security is also a fundamental pillar of this partnership. All this is reflected in the two parties signed in the past two months. A series of agreements. "Argentina's Ambassador to China Gaietego said in the opening speech of the event. (Source: Argentina in China)

According to a report from World Agrochemical Network in August 2018, Argentina officially conducted a public consultation on the first soybean traits released by a Chinese biotechnology company in the country. It is understood that the Chinese company is the Dabeinong Group, and the soybean traits are glyphosate and glufosinate-tolerant herbicides.

Dabeinong has been working to develop new key traits to increase crop productivity. In 2013, Dabeinong reached a cooperation agreement with the local Bioceres company in Argentina to promote the review process of crop traits in Argentina and the review process of Bioceres crop traits in China.

Bioceres is a leader in the local biotechnology industry in Argentina. The company has developed HB4 traits that enable crops to tolerate high salt and drought conditions.

When the Argentine government's review ends, Argentine farmers will have a new tool to fight weeds. Dabeinong's soybean characteristics are different from Monsanto's. At the same time, it also has some "small" advantages: the Chinese government should accept the technology developed by the country faster.

In addition, some people believe that the traits developed by Bioceres may be superimposed with the traits developed by Dabeinong, promoting their commercialization in both countries.

In addition to this soybean trait, Dabeinong also signed cooperation agreements with biotech companies around the world (such as Israel's Evogene) to develop drought-resistant rice varieties that can more efficiently use nitrogen.