Serbia has neither clear rules of the game nor a development strategy for the agricultural sector, which is why the government confuses itself with Gulf State investors in secret meetings and makes real deals under the grain.
Gulf agribusiness companies found their panacea in Egypt, which is prioritizing investment in large-scale, modernized farming to export crops over pursuing strategic crop cultivation and traditional farming methods in the Nile Valley and Delta.
MOUs signed by UAE government include a 2,500 ha SEZ zone with Uganda for large-scale agricultural development and another with Al Dahra Holding for collaboration on the implementation of the National Strategy for Future Food Security.
Saudi Agriculture and Livestock Investment Company has joined the UAE's Al Dahra in a US$1.3bn joint venture to make agribusiness acquisitions in 10 countries in the Black Sea region, including the acquisition of farmland.
The Sudanese President Omer al-Bashir Tuesday has issued a presidential decree to allocate 2,4 million feddans of land in the River Nile State for a national agricultural scheme, backed by the UAE's Al Dahra Agricultural Holding