We believe the policy is science-based and is designed to offer the consumer material information when issues of health, safety, and food allergens need to be addressed on the product's label. It is important to note that voluntary labeling of foods is currently permitted, and segments of the industry can be expected to utilize such voluntary label statements to achieve product distinction for certain niche markets. As I noted earlier, it is widely recognized that the United States enjoys one of the safest and most abundant food supplies in the world. This welcome consequence is in no small part due to some 93 years of oversight, beginning with the Federal Food, Drug and Cosmetic Act of 1906, the birth of the FDA in 1940, and the many advances between and after. With more than a decade of experience in regard to the use of biotechnology, the industry continues to feel strongly that food safety concerns regarding food produced through agricultural and food biotechnology are best included in the context of ensuring that all foods marketed in the United States are safe.
Consumers deserve no less.
As the technology continues to advance, we remain supportive of further anticipated benefits of biotech foods for consumers. It is our belief that both the development and growing consumer awareness of such benefits will further assist in public acceptance of this vital technology. Mr. Chairman, we appreciate the opportunity to testify on this important issue.