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Tag Archives foreign investment

File photo of a rye field in Kazakhstan. (Stsmhn/iStock/Getty Images)
Crops, Reuters

Kazakhstan’s president orders ban on foreign ownership of farmland

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Almaty | Reuters — Kazakhstan will permanently ban foreigners from owning or renting farmland in the vast central Asian nation, President Kassym-Jomart Tokayev said on Thursday, ending a lengthy dispute that once prompted anti-government protests. Kazakhstan is a major producer of grains, oilseeds and meat in the former Soviet region sandwiched between China and Russia […] Read more
File photo of a combine harvesting a wheat crop in Ukraine. (SergBob/iStock/Getty Images)
Crops, Reuters

Ukraine president plans farmland reform, large privatizations

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Kiev | Reuters — Ukraine President Volodymyr Zelenskiy ordered his new government to submit a draft law for land market reform by the start of October and to prepare large-scale privatizations of state companies starting in April next year. Zelenskiy has pledged to lift a longstanding ban on the sale of farmland, a move that […] Read more
Foreign control in the oil and gas extraction sector is up more than 15 per cent since 2012. Photo: File
General

Foreign control in Canadian ag sector still relatively low

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CNS Canada – The percentage of foreign control, as a percentage of total assets, in the Canadian agriculture, forestry, fishing and hunting sector was 1.6 per cent in 2016, according to data recently released by Statistics Canada. While that’s up from 1.1 per cent in 2012, it compares with foreign control in all industries (excluding […] Read more
(Leg.bc.ca)
Crops, Markets

B.C. Greens seek limits on foreign ownership of farmland

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The party holding the balance of power in British Columbia’s legislature wants to curb foreign ownership of farmland in the province’s Agricultural Land Reserve (ALR). Green Party leader Andrew Weaver on Thursday introduced the Property Law Amendment Act as a private member’s bill, which he said “would prohibit foreign entities from purchasing ALR land over […] Read more
Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)
Crops, Reuters

U.S. senators call for review of Syngenta takeover

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Chicago | Reuters — The U.S. government panel that reviews foreign acquisitions should assess the impact on domestic food security from state-owned China National Chemical Corp’s planned US$43.1 billion acquisition of Swiss seeds and pesticide maker Syngenta AG, four U.S. senators said in a letter Thursday. The letter, sent to Treasury Secretary Jacob Lew, also […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Crops, Markets, Reuters

Australia tightens rules over foreign buying of farmland

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Sydney | Reuters –– Australia tightened rules on Wednesday over foreign ownership of its agricultural land amid concerns that it is losing control of its own food security, slashing the amount beyond which land purchases would require regulatory approval. From March 1, foreign purchases of agricultural land over A$15 million (C$14.51 million) will be subject […] Read more

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