Arkansas on Tuesday ordered the subsidiary of a Chinese-owned company to divest itself of 160 acres of agricultural land, the first such action under a wave of new laws across the country restricting foreign ownership of farmland.
“We will make sure that every company operating in Arkansas is a friend to Arkansas and good to hard-working Arkansans,” Sanders at a news conference with Griffin to announce the move.Syngenta said it was disappointed in the state's decision about its land, which the company has owned since 1988. The company said no one from China has ever directed its executives to buy, lease or otherwise engage in land acquisition.
The enforcement action by Arkansas’ attorney general is the first under the wave of new laws, many of which specifically targeted investments from China, Iran, North Korea and Russia, said Micah Brown, a staff attorney at the agricultural law center.
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