Rich states shouldn't grab 3rd World's farmland
- Yomiuri Shimbun
- 12 July 2009
Rather than participating in the race for farmland overseas, Japan should concentrate on raising its food self-sufficiency rate, which is now at about 40 percent.
Rather than participating in the race for farmland overseas, Japan should concentrate on raising its food self-sufficiency rate, which is now at about 40 percent.
Private Saudi firm Planet Food World (PFWC) will invest around $3 billion in agriculture in Turkey over the next five years to export food products to the Gulf region, the head of its Turkish unit said.
A state-affiliated Kuwaiti company is set to join a growing list of entities from the oil-rich Gulf looking at investments in Asian agricultural land.
Most of the recent farmland sales in Uruguy can be traced to money looking for safe havens, given the world financial crisis, and not necessarily increasing production.
Tokyo is now preparing to expand Official development assistance to support agricultural technology innovations and improve social infrastructure in such areas, which in turn could help activate private agricultural investment
Abdulaye Wade says there is nothing wrong with leasing land: Saudi Arabia is already in Senegal and China is close to a deal with farmers' groups to use 100,000 ha for growing peanuts.
In Benin, the race to buy land is on! States, corporations, multinationals and investment funds are hungry for farmland.
Cambodia is experiencing what's been called an epidemic of land grabbing. Huge tracts of the country have been granted to private companies for large scale agriculture or other purposes.
"We don't know enough yet in practice to formulate a very strong code of conduct," David Hallam, of the UN Food and Agriculture Organisation, told Reuters.
The boom in the acquisition of arable land in Africa by foreign companies and governments has stirred an international debate between international institutions such as the United Nations’ Food and Agriculture Organisation (FAO) and non-governmental groups and independent experts.
Japan's proposal to set up a set of common guidelines to promote smooth global investment in agriculture was endorsed by other leaders of the G8
IFAD is supporting a pilot initiative to promote properly structured ("win-win") agricultural land deals in Ghana.