ABSTRACT
The appearance of transgenic products on market in mid-1990s generated widespread distrust of transgenic technologies among scientists, who advised caution in matter of release of these technologies for commercial purposes. The US Environmental Protection Agency has granted approval for the use of StarLink corn as animal feed, but despite this limited approval the corn has turned up in food and exports. The Cartagena Protocol embodies a similar sensitivity in safeguarding the sovereign rights of its parties to take import decisions. The apprehensions of the developing countries, from which stemmed their insistence on provisions for liability and redress, are apparently becoming reinforced. Insurance companies may find one-sided acceptance of incalculable risks unattractive and unacceptable, as they would risk not only suffering heavy losses but also losing control over their exposure.
