Seven firms from different countries are expected to invest more than Rwf53 billion in large-scale commercial farming within the 15,600 hectare, Gabiro Agribusiness Hub.
La Cour de justice de l’Union européenne a levé les restrictions auxquelles les citoyens de l’UE sont confrontés lorsqu’ils achètent des terres agricoles en Bulgarie
The EU Court of Justice lifted the restrictions EU citizens face when buying agricultural land in Bulgaria in a ruling published on Thursday, more than 17 years after the country joined the bloc.
The European People’s Party has proposed an EU law to prevent oligarchs and land-grabbers drawing on EU subsidies at the expense of small and medium-sized farming businesses.
Abu Dhabi-based agriculture firm Al Dahra Holding has signed a crop supply deal with Bulgarian agribusiness group AJD Agro Ltd,
The European Union spends $65 billion a year subsidizing agriculture. But a chunk of that money emboldens strongmen, enriches politicians and finances corrupt dealing and land grabs.
At the end of June, Advance Terrafund owned 23,017 ha of farmland and 13.3 ha of urban land.
At the initiative of the opposition Bulgarian Socialist Party, all groups in the National Assembly except one have agreed to the withdrawal of legislative amendments intended at opening up the sale of agricultural land to foreigners.
Bulgaria’s government has drafted legislative amendments to exempt European Union citizens from restrictions on buying agricultural land, as the country could face huge financial sanctions from the EU if it does not.
The European Bank for Reconstruction and Development is lending five million euro to Bulgaria's Elana Agrocredit, a company offering long-term financial lease contracts to farmers seeking to acquire agricultural land.
The European Commission is giving five Eastern European countries two months to bring their agricultural land purchasing rules in line with the European Union standards or it may pursue legal action.
Ce mois de mai a vu expirer la dernière règlementation transitoire qui devait protéger les "nouveaux venus" d’Europe de l’Est, contre les investisseurs étrangers à l’affût des terres agricoles.
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