The Internal Market and Services Directorate General (DG MARKT) has made a written proposal to the European Commission to approve a request by Hungary to extend its moratorium on purchases of farmland by foreigners for another three years until 2014.
Senegalese President Abdoulaye Wade told ministers yesterday to create an Agency for Afro-Arab Affairs to attract more Arab investment into the country’s agrarian economy.
Indian businessman also has major stakes in farmland investors Ruchi Soya, KS Oils and Equitorial Palm Oil.
New Zealand’s overseas investment regime will be on the US’ hit list during the Trans Pacific Partnership talks this week.
Senegal is in talks with Saudi Arabia to lease farmland to grow food of an area nearly four times the size of Manhattan.
The government will act as a facilitator for private industry to buy land abroad to grow pulses, says India's Agriculture Minister.
Islamabad government is negotiating with Khartoum a way to provide land and family visas to Pakistani farmers to enable them to farm in Sudan.
Gulf nations need to step up investments in African and South East Asian farmland if the region is to play its part in averting a global food crisis, agriculture experts say.
“We have huge land sizes and lot of opportunities. We would like India to come and invest in our country. We will provide land on 90-year lease, security, power and easy bank credit besides simplifying norms,” said Afghanistan Agriculture Minister Mohd Asif Rahimi
A Saudi Arabian investor plans to lease a 5,000 hectare farm and a fruit-processing plant in Zambia, Finance Minister Situmbeko Musokotwane said.
Zambia does not regard leasing farmland to foreign investors as a form of 'colonialism' and is encouraging Gulf countries to invest in its agricultural sector, its finance minister said on Saturday.
Ghana is negotiating with Qatar to establish a joint venture firm to produce food for both countries, starting with 50,000 hectares.