The Limited Times

Now you can see non-English news...

The Safers, picky and dreaded lookouts of farmland

2021-04-20T16:36:51.656Z

INVESTIGATION - These institutions, responsible for ensuring that farms do not go under foreign flags, had no say when sales were limited to exchanges of shares. A bill discussed in May is expected to close this loophole.



The grabbing of farmland by a foreign power is the fear of any government.

The control of its food sovereignty is at stake.

The most emblematic example took place a few years ago in Berry.

A Chinese billionaire, Hu Keqin, at the head of a vast conglomerate, the Reward group, had succeeded in securing nearly 3,000 arable hectares without the French government, via its agricultural land regulation instrument, the Société d ' land development and rural establishment (Safer), can not say anything

(our editions of October 13, 2016)

.

Read also:

Frost: repeated sleepless nights for fruit producers

Well advised, the Chinese investor had bought the fields and buildings at a high price from Berry farmers, via agricultural companies that he had asked them to create for the occasion.

The reason?

Avoid going under the caudine forks of the Safer.

These non-profit general interest establishments, under the supervision of the Ministries of Agriculture and Finance,

This article is for subscribers only.

You have 89% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-04-20

You may like

News/Politics 2020-12-04T05:57:25.510Z

Trends 24h

Latest

© Communities 2019 - Privacy