AGCO completes sale of stake in Tafe for US$260 million
Transaction ends trade disputes and transfers exclusive use of the Massey Ferguson brand to Tafe in India, Nepal and Bhutan
The Agriculture Committee of the Chamber of Deputies approved, this Wednesday (1/10), the final text of the Bill (PL 1702/19). The proposal amends the Cultivar Protection Law (Law 9.456/1997).
Among other points, the approved text extends the term of protection for cultivars in general from 18 to 20 years, and from 18 to 25 years in the case of long-cycle species, such as vines, fruit trees, ornamentals, sugarcane and potatoes.
The approved text also provides for the charging of royalties on seeds reserved for personal use (saved seeds).
The proposal now goes to the Economic Development and Constitution and Justice Committees for analysis.
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