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Grameen Rejects Mean The American Home "Monster" is held at bay in Bangladesh - but who is going to monitor the micro-creditors? Since when is "empowerment through indebtedness" a solution for poor farming communities?

On 27 July 1998 Muhammad Yunus, managing director of the Grameen Bank of Bangladesh was reported by the BBC to have cancelled the Bank's planned relationship with Monsanto Corporation (often referred to as the American Home Monster" following its announced merger with American Home Products earlier this year). The abandoned arrangement would have given the micro-credit bank U.S.$250,000 to provide loans to poor farmers to buy Monsanto's agro-chemical and biotechnology products. Grameen's capitulation follows a month of intense international pressure that began June 25th when Yunus announced the Monsanto grant together with the Corporation's CSO, Robert Shapiro.

By the year 2000 - after a 12,000-year history of farming - farmers may no longer be able to save seed or breed improved varieties. The problem is not the Millennium Bug but the Millennium Seed."

After a week of silence on the subject, the USA (a country that is not a Party to the UN Convention on Biological Diversity) is lobbying hard to re-write the Friends of the Chair' report on the Terminator - a technology widely condemned by numerous CBD members. Why the sudden spurt of behind the scenes activity? On May 11th, the giant Monsanto Corporation - a company with close White House connections and major multinational muscle - bought control of the Terminator patent. For Governments fighting to protect agricultural biodiversity in the Convention, its now or never.

Monsanto, the world's second largest pesticides corporation, has vaulted from nowhere to become the world's fourth largest seed company. Between mid-1996 and the end of 1997, Monsanto spent roughly US $2 billion in seed-related acquisitions. Its May 11th announcement that the corporation will take over Dekalb and Delta and Pine Land seed companies adds a staggering US $4.3 billion to its merger bill. By way of comparison, if Monsanto's Monday splurge were spent on public sector research, it would fully fund the entire CGIAR system at 1998 levels for over 12 years. But it is not who Monsanto is buying - but what patents it is acquiring - that has observers alarmed. Monsanto now has the Terminator - and maybe much more.

The agricultural departments of at least four Australian state governments, as well as a bevy of other national public and private research institutes, are routinely pirating the indigenous knowledge of farming communities and international research institutes around the world, according to the Canada-based Rural Advancement Foundation International (RAFI) - a rural advocacy organization with twenty years experience in the field. Accusing the Aussie agencies of making cowboy claims' on farmer-bred plant varieties from Brazil to India, RAFI's Executive Director, Pat Roy Mooney, says that several dozen plant 'patent' claims listed by Canberra's Plant Breeder's Rights Office are 'a clear rip-off of the genius of others. In most of these cases, the Australians appear to have done nothing more than select and multiply somebody else's seed and then slap a PBR (plant patent) monopoly on them,' Mooney insists.