Colombia Seeks to Regulate Foreigners’ Land Acquisitions: Tiempo
Colombia’s executive branch will send a bill to Congress regulating foreigners’ farmland acquisitions, El Tiempo said, citing an interview with Agriculture Minister Juan Camilo Restrepo.
The bill will speed $800 million in secured deals, such as the acquisition of land for agriculture purposes by Chile’s SACI Falabella (FALAB), the Bogota based newspaper said.
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