Header-farmlandgrab-en3
Icon-globe   Icon-fb   Icon-twitter   Icon-rss  
Home About events Gallery Publish
Subscribe
Help

Who's involved?

Archives

Languages

Special content

Georgia bans selling farm land to foreigners
Published: 19 Jul 2013
Posted in:  Georgia
Comments (0) Print Email this

Eurasianet | 19 July 2013

Georgia's Prime Minister Bidzina Ivanishvili


Georgia bans selling farm land to foreigners


The so-called invasion by South Africa’s Boers never really happened, but scores of Indians settling in Georgia’s wine country, Kakheti, prompted some local farmers to complain that they had been slighted by the government for foreigners. The foreign privatization of formally nobody’s lands that locals often use for pasture and growing crops led to tensions with the newcomers.

Catering to these sentiments, nationalist politicians pushed for the ban. Some members of Prime Minister Bidzina Ivanishvili’s ruling Georgian Dream coalition said that the move should be temporary until all Georgia's farming land gets categorized in a way that would grant villagers priority access to adjacent farm lands.The ban will be in effect through 2014.

Libertarian economists lambasted the move. “We might as well put a lock on Georgia,” commented Paata Sheshelize, president of the New Economic School, to Netgazeti.ge. He argued that the bulk of Georgia’s agricultural lands remain unused and that investments from foreign farmers are a boon for the Georgian economy, which can use all the boons it can get these days.  

President Mikheil Saakashvili, who used to favor a more liberal land policy until his United National Movement lost the legislative majority last October to the rival Georgian Dream, has not elaborated about his reasons for signing the bill
Source: Eurasianet



Post a comment
Name

Email address (optional - if you want a reply)

Comment

Who's involved?

22 Sep 2015 - Singapore
Global AgInvesting Asia



Languages



Archives