The European Union has authorized imports of a genetically modified (GM) soybean type for sale across its 27 national markets for the next 10 years, the European Commission said on Thursday. Developed and marketed by Monsanto, the soybean is destined to be imported for use in food and animal feed, not for growing. It is a second-generation GM product known by its code number MON 89788 and commercially as Roundup RReady2Yield.