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AFBF: Understanding the Committee on Foreign Investment

From an article in AGDAILY written by AGDAILY Contributors

Article Excerpts:

“Foreign investment in U.S. agricultural land is a hot topic, largely spurred by media reports raising concerns about bad actors from adversarial nations purchasing land for potentially hostile purposes.

For most, understanding of the formal processes for reviewing foreign investments and tracking existing ownership dynamics is limited. Under the authorities granted to it by the Agricultural Foreign Investment Disclosure Act of 1978, USDA is required to track information pertaining to foreign ownership of U.S. agricultural land. Succ essful monitoring of investments and enforcement of the law by USDA, however, has been challenging, and the Government Accountability Office (GAO) recently released recommendations outlining how USDA can improve its data collection and processes.”

Link to full article: HERE