African Coffee Region News: Ethiopia's Coffee Industry Hit by Cancellation of US Preferential Policy

Source:Best Coffee > News Author:qjroot Published:2022-02-24 10:08:05

Coffee is the world's second most traded commodity futures product after crude oil. In fact, coffee is as precious as gold. As early as the beginning of the 17th century, to prevent foreigners from controlling coffee cultivation, coffee beans had to be roasted before being exported to other countries. Because roasted coffee beans turn dark brown, and because this crop can bring significant economic benefits to a region, it also earned the nickname "black gold."

In terms of technological innovation, the EU has implemented restrictive policies in the field of genetically modified crops for the sake of "environmental protection and human health." Some countries have genetically modified crops to enhance certain traits, such as resistance to pests and diseases, but some measures make policymakers hesitant to pursue a technology for fear of conflicting with EU regulations.

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