Common use of Regulatory Background Clause in Contracts

Regulatory Background. In Mexico, the Biosafety Law of Genetically Modified Organisms introduced in 2005 (the “2005 Biosafety Law”) and the Regulations to the Genetically Modified Organisms Biosafety Law introduced in 2008 (the “2008 Biosafety Regulations”), regulate the importation and trade of GM products.15 14 The Panel notes that when they exist, the Panel relies on the English translations of exhibits provided by the Parties or the Mexican Section of the Secretariat. In instances where the Parties have introduced the same factual exhibit twice and the translations provided are different, the Panel indicates on which translation it relies. When referring to the Parties’ submissions, the Panel indicates the version of the exhibit on which each Party relied. 15 USA-85/MEX-250, Law on Biosafety of Genetically Modified Organisms, published on 18 March 2005; USA- 86/MEX-251, Regulations to the Law on Biosafety of Genetically Modified Organisms, published on 19 March 2008. The Panel notes the Parties’ submissions on and differing use of the terms “genetically modified” versus “genetically engineered”. The Panel understands that irrespective of differing usage, both Parties are referring to the manipulation of an organism’s genes using modern molecular biology, including recombinant DNA