US Senator introduces bill to prohibit Chinese investment in agribusiness
- Krishi Jagran
- 22 August 2022
Senator Rounds noted on his website that this new legislation will also bar investment in US agribusiness from Russia, Iran, and North Korea.
Senator Rounds noted on his website that this new legislation will also bar investment in US agribusiness from Russia, Iran, and North Korea.
In early June of this year, a Russian business delegation during its trip to Iran suggested that Iran acquire more than 100,000 hectares of agricultural land in Russia and carry out "extra-territorial agriculture".
AVG Capital Partners will build a pig farm on 1,000 hectares of land in the Nghi Son Economic Zone to raise five million hogs a year.
The largest operator of Russia’s grain export infrastructure and a major grain trader sells stakes to Agronova, which develops farm projects in Russia’s southern Krasnodar region, and the Marathon Group financial company
China grow more soybeans in Russia to replace imported American soybeans. More than 70 companies from Heilongjiang province already grow soybeans in Russia and there are eight foreign agricultural "industry parks" covering an area of 600,000 ha. The main threat of the soybean ventures appears to be incursions of Russian territory as China effectively colonizes its distant, empty Far East.
A Mongabay investigation traces the rise and fall of a billion-dollar agribusiness cartel in Eastern Europe, finding it relied on money laundering, tax avoidance and state capture.
Consistent interest from Saudi Arabia in direct investment in foreign agriculture, such as SALIC's recent purchase of 200,000 ha in Western Australia, will continue.
The Russian Direct Investment Fund and the Saudi Agricultural and Livestock Investment Company signed an agreement to join forces in the search of investment projects in the Russian agricultural sector
Russian soybean exports to China are likely to remain low for the next few years despite efforts by Chinese companies to set up farms there.
Villagers in Krasnaya Gorka in Russia's Chuvashia are protesting the allocation of their lands to a Chinese company for a dairy project.
Bonduelle, qui exploite déjà 10 000 ha de terres agricoles en Russie, poursuit son développement en achetant une usine pour la production de légumes surgelés
Bonduelle, a French firm which operates 10,000 hectares of farmland to supply its production facilities, continues its development in Russia with the acquisition of a frozen vegetables plant