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Monsanto in Argentine royalty payment talks

Monsanto is likely to introduce new genetically modified products into Argentina following talks with government on the right to charge royalty payments for its technology. The company has been seeking a “value sharing” system that would “allow biotech companies to introduce new technologies in self-pollinated crops”, Monsanto told Agrow. Monsanto has already signed a deal with the Argentine regional government of Chaco, according to the national daily, La Nacion.

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