News Release - May 4, 1999
SASKATCHEWAN SIGNS AGRICULTURAL BIOTECH AGREEMENT WITH CHILE
Agriculture and Food Minister Eric Upshall and the Honourable Carlos
Mladinic, Minister of Agriculture of Chile, today signed a Memorandum
of Co-operation on agricultural biotechnology.
The agreement calls for both parties to identify and develop
co-operative agricultural biotechnology projects that will result in
advancements in production and diversification opportunities of
benefit to both jurisdictions. The agreement provides a framework
under which initiatives can be undertaken during the next three years.
About 40 per cent of Canada's biotech firms are located in
Saskatchewan. The Saskatchewan biotech industry is expected to have
net sales of $130 million this year and it is projected the total
could reach $700 million annually in 10 years.
"Saskatchewan is a world leader in development of agricultural
biotechnology and it is one of the province's most dynamic growth
industries," Upshall said. "This agreement builds on our strength in
agriculture biotechnology and is consistent with Saskatchewan's
commitment to developing partnerships and joint ventures that will
expand our world markets and encourage investments in the province."
The agreement calls for the two ministries to explore
opportunities in the areas of: livestock genetics; animal feed
production; natural products and plant extracts; molecular
farming; plant tissue culture; biological fertilizers and
rhizobia; and novel plants and plant products.
Agriculture and Food will be working with Ag-West Biotech and
Saskatchewan Trade and Export Partnership (STEP) to explore the
opportunities opened to Saskatchewan ag-biotech companies through
"Today's signing is an example of the benefits to be achieved
from Saskatchewan's efforts to promote market opportunities and
strategic alliances for the province's agriculture and food
industry through trade missions," Upshall said.
For more information, contact:
Agriculture and Food