Arkansas orders Chinese-owned company to sell farmland

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.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Arkansas orders Chinese-owned company to sell farmlandA new wave of laws in the state specifically targets foreign investments from China, Iran, North Korea and Russia.
Bron: 10News - 🏆 732. / 50 Lees verder »

Arkansas attorney general tells Chinese company to get off the state's land(The Center Square) - Arkansas Attorney General Tim Griffin announced Tuesday he has ordered a Chinese state-owned company to give up approximately 160 acres of land it currently owns in Craighead County.
Bron: KJNBNews - 🏆 526. / 51 Lees verder »

No 'womxn' allowed: Sanders signs order eliminating 'woke' words from Arkansas businessGov. Sarah Huckabee Sanders is moving along with her executive authority by eliminating the use of 'woke' words from official Arkansas business.
Bron: News4SA - 🏆 251. / 63 Lees verder »