AVN 71.60 Increased By ▲ 4.06 (6.01%)
BOP 9.45 Increased By ▲ 0.10 (1.07%)
CHCC 143.15 Increased By ▲ 3.88 (2.79%)
DCL 10.85 Decreased By ▼ -0.04 (-0.37%)
DGKC 113.15 Increased By ▲ 0.21 (0.19%)
EFERT 66.72 Increased By ▲ 0.28 (0.42%)
EPCL 45.20 Decreased By ▼ -0.44 (-0.96%)
FCCL 21.01 Increased By ▲ 0.51 (2.49%)
FFL 16.20 Increased By ▲ 0.27 (1.69%)
HASCOL 16.19 Increased By ▲ 0.41 (2.6%)
HBL 139.16 Decreased By ▼ -0.36 (-0.26%)
HUBC 78.50 Increased By ▲ 2.10 (2.75%)
HUMNL 7.80 Decreased By ▼ -0.29 (-3.58%)
JSCL 27.53 Increased By ▲ 0.35 (1.29%)
KAPCO 28.91 Increased By ▲ 0.38 (1.33%)
KEL 3.91 Increased By ▲ 0.02 (0.51%)
LOTCHEM 12.26 Decreased By ▼ -0.04 (-0.33%)
MLCF 42.90 Increased By ▲ 1.45 (3.5%)
OGDC 98.65 Increased By ▲ 0.31 (0.32%)
PAEL 36.40 Increased By ▲ 0.31 (0.86%)
PIBTL 13.43 Increased By ▲ 0.16 (1.21%)
PIOC 103.47 Increased By ▲ 4.60 (4.65%)
POWER 9.67 Increased By ▲ 0.28 (2.98%)
PPL 86.31 Decreased By ▼ -0.46 (-0.53%)
PSO 211.50 Increased By ▲ 2.46 (1.18%)
SNGP 57.99 Increased By ▲ 0.63 (1.1%)
STPL 12.80 Increased By ▲ 0.13 (1.03%)
TRG 51.01 Increased By ▲ 1.00 (2%)
UNITY 21.94 Increased By ▲ 0.43 (2%)
BR100 4,350 Increased By ▲ 43.78 (1.02%)
BR30 22,035 Increased By ▲ 250.42 (1.15%)
KSE100 41,675 Increased By ▲ 409.18 (0.99%)
KSE30 17,536 Increased By ▲ 154.59 (0.89%)
COVID-19 TOTAL DAILY
CASES 328,602 707
DEATHS 6,739 3

BUENOS AIRES: Argentina has become the first country to approve the growth and consumption of genetically modified wheat, the country's agriculture ministry announced Thursday. The ministry's scientific commission said in a statement released in Buenos Aires that it had approved a drought-resistant variety of wheat in the world's fourth-largest exporter of the crop.

"This is the first approval in the world for drought-tolerant genetic transformation in wheat," the National Commission for Science and Technology (CONICET) said in a statement.

However, experts expressed concern about the growth and marketing of genetically modified crops (GMOs), citing difficulties in marketing such produce to consumers concerned about their effect on health and the environment.

CONICET said the genetic modifications to Argentina's wheat crop would have to be approved in Brazil, historically the country's biggest export market, to be commercially viable. Some 45 percent of Argentina's wheat exports in 2019 went to Brazil. Other key markets are Indonesia, Chile and Kenya. The drought-resistant HB4 wheat variety was developed by Argentine biotechnology company Bioceres, working with the National University and CONICET.