Gulf Arab states will pour $2 billion into a new agricultural fund in coming months to secure food supplies by buying stakes in existing agricultural firms, an executive involved in the fund's creation said on Sunday.
In view of food insecurity in Pakistan and dozens of women losing their lives just to get a few kilos of flour, there was no justification of selling agricultural land to foreigners, said Dr Azra Talat Sayeed
International experts and representatives of civil society have demanded an end to land leasing to foreign investors and countries.
South Africa said on Friday it had been offered 48 square miles of land in Angola and Uganda and also a land lease agreement in Zambia.
South African farmers have been offered land for agriculture in Angola and Uganda and the government is also in talks with the Democratic Republic of Congo, Zambia and Southern Sudan.
Foreigners have an interest (partial or total ownership) in 1.6 percent of all privately held US agricultural land, a 1.4 million acre increase from 2007.
Special issue on the Pakistani government's plans to dole out domestic farmlands to the Gulf countries on 99-year lease for corporate farming.
Critics say that by seeking to solve their food shortage problem through foreign farmland acquisitions, the rich emerging economies may succeed in producing enough quantity for their populations but may in the long-term be exporting their food insecurity to other nations.
A new report from the Oakland Institute lays bare the insidious role played by international financial institutions like the International Finance Corporation of the World Bank and Foreign Investment Advisory Service, as well as rich nations, in promoting and facilitating this widespread land reappropriation--all in the name of promoting food security through foreign investment in agriculture.
The Sudanese government will take back a plot of land allocated for a Jordanian agricultural megaproject if the government does not implement the project within two weeks
"Our proposition to the governments is that we can help them develop the infrastructure and develop the farmland and we will then take a share of the produce," says KCIC
K S Oils, one of India’s leading integrated edible oil food companies Wednesday announced further acquisition of 53,000 acres of land for palm oil plantations in Indonesia. This brings the company’s land bank in Indonesia to 1,38,000 acres [56,000 ha], the largest owned by any Indian company.
