The Agriculture Minister of Saudi Arabia, Fahd Balghunaim, said that the government will set up an $801.1 million company to invest in overseas agricultural projects, Arab News reported.
China’s increasing dependence on foreign farming requires the European Union to take several measures.
Afin d'accroître leur production agricole, certains pays occidentaux tentent de mettre la main sur des millions d'hectares au détriment des petits fermiers et des producteurs locaux.
A worldwide food shortage mixed with a global credit crisis has some countries getting creative. They're bartering food for other essentials. Javier Blas of Financial Times talks to Madeleine Brand about which nations are striking deals and what they're trading.
La Corée du Sud vient de louer la moitié des terres arables de Madagascar, selon le Financial Times. Ceci provoque un vigoureux débat dans la blogosphère malgache sur la souveraineté des Malgaches sur leurs terres et sur le développement économique.
South Korea has just leased half of all the arable land in Madagascar according to the Financial Times. This has stirred quite a debate in the Malagasy blogosphere about land sovereignty and economic development.
Tenant farming was popular in rural America until the Dust Bowl years of the Depression, but the practice is making a comeback on an epic scale in much of Africa.
Saudi Arabia is in a better position to forge politico-economic partnerships with other countries with a view to achieving food security. The best partner in this respect is Sudan, known as the food basket of the Arab world. But foreigners are reluctant to invest in Sudan and the efforts made by the Sudanese government to overcome this reluctance have not met with much success.
Daewoo logistics dément l’information selon laquelle un terrain de 1,3 million d'hectares a été octroyé à titre gratuit à Daewoo.
Rich governments and corporations are triggering alarm for the poor as they buy up the rights to millions of hectares of agricultural land in developing countries in an effort to secure their own long-term food supplies.
"There is not yet any discussion about the fee because it will depend on the contract later, therefore the information released that DWL acquired a land for free is incorrect."
The South Korean company Daewoo Logistics wants to use 1 million hectares in Madagascar to grown maize. The company also wants to plant palm oil on the island.
