Monday 30 December 2013

Gulf States Seek Food Security in Europe, U.S. After African Problems - NYTimes.com

Gulf States Seek Food Security in Europe, U.S. After African Problems - NYTimes.com:

"The desert states of the Gulf are changing tack in their multi-billion dollar search for food security.

With their farming projects in some of the poorest African nations sometimes arousing local hostility, wealthy Arab investors are turning to those developed countries that comfortably produce more food than they consume.

United Arab Emirates-based agricultural firm Al Dahra has chose this path in March, buying eight agricultural companies for $400 million in Serbia, a major food exporter where public attitudes to foreign-owned farming may be less sensitive."

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