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UN calls for guidelines on land-grabbing.

The UN's Food and Agriculture Organisation (FAO) says it plans to present international guidelines to protect developing-nation populations from perceived 'neo-colonial land-grabbing' by foreign governments and private corporations. The FAO is disturbed by the growing trend of private investors or governments buying up farm projects beyond their borders, either as part of a strategy to secure basic food supplies or simply for profit. Large-scale acquisitions of farmland have been seen in Africa, Latin America and Central and Southeast Asia. China and Arab countries have been most active in their quest for greater food security and savings on grain purchases. The FAO and the International Fund for Agricultural Development (IFAD) acknowledge that cross-border farmland deals can help to boost global food security, provide investment in agriculture in developing countries, and raise farm production, exports and provide jobs. Backlash, however, has come in criticism of the way poor farmers are deprived of their farmland when foreign investors move in.
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Title Annotation:Agriculture; United Nations. Food and Agriculture Organization
Comment:UN calls for guidelines on land-grabbing.(Agriculture)(United Nations.
Publication:African Business
Article Type:Brief article
Geographic Code:60AFR
Date:Nov 1, 2009
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