NEWS
Tue Feb 11, 2014 03:07 PM CST

BRUSSELS (Dow Jones) -- The European Union is poised to approve the bloc's second genetically modified crop for cultivation in 15 years, handing a victory to DuPont over objections from most of the EU's member states.

At a meeting of ministers here on Tuesday, 19 out of the bloc's 28 nations opposed approving the crop, a corn with the name 1507 that was developed by DuPont. But under the EU's Byzantine biotech rules, that isn't a big enough majority to prevent the European Commission, the EU's executive arm, from approving the corn.

The EU has the world's toughest rules on ...

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