Myanmar diplomatically bypassed a Bangladesh proposal last year for taking agricultural land on lease for cultivation in that country.

“End Landgrabbing! was declared by the participants of the “South Asian Caravan on Climate, Gender, and Food Sovereignty 2011” that went from North to South Bangladesh.

Bangladesh officials are in preliminary talks with Ukraine for wheat production, considering Cambodia for rice and visiting parts of sub-Saharan Africa to explore similar ventures.

Last week, Uganda received a 35 man business delegation from India interested in the country’s agribusiness potential and boosting its exploits. Mr Ramakrishna Karuturi, the leader of the delegation, said the team intends to invest up to $2 billion in agribusiness pending the issue of investment licences.

The government of Bangladesh has taken a fresh move to re-evaluate the proposed contract farming agreement for food-grain production in Africa to meet the country's demand.

Nitol-Niloy Group and Bhati Bangla Agrotec of Bangladesh aim to invest an initial US$18 million to lease around 40,000 hectares of African land by the end of this year to grow foodstuff, most of which they will be obliged to sell in Bangladesh.

“We frankly told them, we had no land. They insisted we sign a Memorandum of Understating with them, a request we also refused. We only accepted to sign minutes of the meeting we held,” Mr Okasai of Uganda's agriculture ministry said.

If the early reports are anything to go by, the Bangladeshi deals already incorporate many elements that suggest they are being done in a way likely to engender fierce resentment and opposition in the African countries concerned.

Of the produce, 20 percent will go to the government of Uganda, and the remaining will be sent to Bangladesh with a profit of 10 percent plus production cost, says Nitol-Niloy Group

Companies in Bangladesh are planning to lease thousands of hectares of land for agriculture in some African countries. Robert Ziegler, the Director General of the International Rice Research Institute, believes that Bangladesh's food strategy will become more widespread.

Bangladeshi companies say they have leased thousands of hectares of farmland in Africa as part of their efforts to avoid future food shortages.

Bangladesh has leased tens of thousands of hectares of farmland in Africa as part of a government drive to improve food security in the poverty-stricken South Asian nation, an official said on Tuesday