Financial Times FT.com

Spotlight turned on overseas land grabs

By Javier Blas, Commodities Correspondent

Published: April 28 2009 19:51 | Last updated: April 28 2009 19:51

Foreign investors in overseas farmland “should not have a right to export” during a food crisis in the host country, a government-backed think tank is to propose on Thursday, in the first code of conduct to address the so-called land grabbing trend.

The International Food Policy Research Institute will say in a policy paper on Thursday that while “land acquisitions have the potential to inject much needed investment into agriculture”, they raise concerns due to their impact on local people, who risk losing access to “land on which they depend”.

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