Buying foreign land for food security
By Ashfak Bokhari/China Newes Agency
Until the mid-20th century, many European countries grew rich on the resources of their colonies. Now, the emerging economies rich in cash but facing food insecurity are acquiring vast tracts of agricultural land in developing and poorer nations, to produce food for their populations.
The countries include China, South Korea, Japan, Saudi Arabia, UAE and some western investment entities. Pakistan is among the countries where land is being acquired for the purpose.
But Africa is a major target of cheap land deals which has prompted The Guardian, London, to describe the new trend as ‘a modern-day version of the 19th-century scramble for Africa.’...
Most of the land acquisitions took place during the last nine months. Chinese firms have been engaged in acquiring lease or purchasing land in Africa, Central Asia, South America, South-East Asia and Burma for farming purposes, especially to assure China’s long-term food supplies. Even in Russia, China has bought and developed 80,400 hectares of farmland at a cost of $21.4m. A part of the produce is exported back to China....
This new trend has come under severe criticism from several quarters. The head of the UN Food and Agriculture Organisation, Jacques Diouf, has warned that the controversial rise in land deals could create a form of “neo-colonialism”, with poor states producing food for the rich at the expense of their own hungry people....
Sudan is an interesting case. Given the continuing Darfur crisis, where the World Food Programme is finding it too difficult to provide food to 5.6 million refugees, it is incredible to see foreign countries buying large tracts of farmland amidst civil war. Sudan is trying to attract investors for almost 900,000 hectares of its land. A similar case is that of Cambodia where half a million people are facing starvation. Instead of arranging food for them, its government is in talks with several Asian and Middle Eastern governments to raise at least three billion dollars by offering millions of hectares of land concessions....
.