The Lao side will consider a request by Mongolia to seek agricultural land of up to 10,000 hectares to produce rice and other crops. Also under consideration is a proposal by Mongolia to develop sheep farming in Laos.
Local provincial governments are working hard to develop farmland in other countries -- Russia, Cambodia, Mongolia, Indonesia, the Philippines, Paraguay, Uruguay -- because it’s cheaper than relying on imports
The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.