US restricts Chinese farmland purchases over security concerns ...Middle East

Agriculture Secretary Brooke Rollins described the move as necessary to counter what she termed a “massive threat” to national security. She unveiled the National Farm Security Action Plan alongside other senior officials, stating that foreign acquisitions of farmland could be weaponised against US interests.

China currently ranks 20th among foreign owners of US agricultural land, holding approximately 277,336 acres as of late 2023, according to USDA data. Among the notable Chinese-owned entities is Smithfield Foods, acquired by WH Group in 2013.

The new measures reflect heightened scrutiny over foreign investments in critical sectors, particularly agriculture, as geopolitical tensions persist. Officials reiterated that the policy aims to safeguard national interests while maintaining transparency in land ownership. - AFP

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