Argentina, Brazil and Uruguay are drafting laws to curb acquisition by foreigners of fertile agricultural land.
source: http://www.worldwidehippies.com/2011/05/15/argentina-brazil-and-uruguay-are-drafting-laws-to...
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- joeeddy
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Despite slight differences between them, the proposed measures are generally fairly mild. None of these three member countries of the Southern Common Market (Mercosur) – the other member is Paraguay – proposes to ban land sales to private or public foreign capital, nor to regulate land use, nor to repossess land that has already been sold.
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