> They are 'effectively' banned in Europe though.
There quite a number specifically approved, which is inconsistent with an "effective" ban.
> My company makes GMO plants and until the situation changes there's no way we'd considered trying to get approval.
Demonstrably -- that is, from the list of products that are approved -- that's not true of the major players in the industry (e.g., Monsanto, Bayer, Dow, Syngenta) and even some smaller players.
Your company not having the resources to compete in a given market doesn't mean that that market has banned GMOs.