Syngenta Responds to EU Court Ruling: Good Regulation Imperative for Continued Innovation and More Sustainable Agriculture
BASEL, Switzerland--(BUSINESS WIRE)--May 17, 2018--Today’s European General Court ruling is disappointing and unfortunate. We stand by our past decision to challenge the European Commission’s decision-making process concerning our thiamethoxam technology, as it relied on a hypothetical risk to implement partial restrictions on neonicotinoid chemistries, outside legally approved regulation.
Predictable regulatory frameworks and their consistent application by regulators enable companies like Syngenta to innovate and thus support European farmers and ultimately European consumers with locally produced, safe and affordable food.
The handling of this specific case reflects our more general concern at the approach the European Commission is taking to regulating technology in agriculture. The evolution of modern farming technology and responsible, science-based environmental management is imperative if we are to sustainably produce affordable, safe and local food to feed more than 9 billion people by 2050 and take care of our planet. Predictable, transparent and science-based regulation must lie at the center of meeting this challenge. Scientific and regulatory excellence in Europe has increasingly become politicized. This has negatively affected all interested parties and above all, has damaged consumer trust.
Looking forward, today’s ruling must be seen as an opportunity to build stronger foundations for transparent dialogue and scientific understanding with European regulators and all other stakeholders. We want to send a clear message that scientific innovation is in our view the only effective way to address the joint challenges of achieving food security and protecting the environment.
We remain committed to innovating, within a reliable regulatory framework, in order to help EU agriculture become more sustainable while ensuring the financial security of EU farmers.
Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities.
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This document contains forward-looking statements, which can be identified by terminology such as ‘expect’, ‘would’, ‘will’, ‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on track’ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
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SOURCE: Syngenta International AG
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PUB: 05/17/2018 04:30 AM/DISC: 05/17/2018 04:30 AM