EU to Extend Monsanto's Glyphosate License by Five Years
28 November 2017 - 2:42AM
Dow Jones News
By Valentina Pop
BRUSSELS--Representatives from the European Union's 28 nations
on Monday approved a five-year license renewal for glyphosate, a
key chemical in Monsanto Co.'s (MON) flagship herbicide.
The renewal was postponed by more than a year due to concerns
that the chemical compound causes cancer.
The EU's chemicals agency in March dismissed those claims,
prompting the European Commission, the bloc's executive branch, to
propose a five-year renewal of glyphosate sales in the bloc.
The renewal decision was still controversial. While a majority
of 18 countries voted in favor, nine nations, including France,
voted against and one abstained.
"Today's vote shows that when we all want to, we are able to
share and accept our collective responsibility in decision making,"
said Vytenis Andriukaitis, the EU health commissioner.
The commission is set to renew the five-year license before Dec.
15, when the current license expires.
Write to Valentina Pop at valentina.pop@wsj.com
(END) Dow Jones Newswires
November 27, 2017 10:27 ET (15:27 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.