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Pakistan has issued its first license for the import of genetically modified (GMO) soybeans; however, the actual import permit has not yet been granted. Once the permit is approved, Pakistan is expected to increase its imports from major GMO producers like Brazil and Ukraine. This shift is likely to create downward pressure on prices for non-GMO soybean producers, as demand for their products may decline in favor of more competitively priced GMO options.
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