Argentine GMO (genetically modified organism) decade a boon
Argentina received a $20,000 million boost from agricultural biotechnology in the ten years to the end of 2005, the Argentine biotechnology information council, the Argenbio, claims. The sector also created 1 million jobs, it adds. The council used an Argentine national agricultural technology institute (INTA)-developed simulation model, SIGMA, to calculate benefits from the adoption of genetically modified crops. It compared the gains against the likely results had Argentina not implemented its biotechnology policy.