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Brazil may ease ban on land acquisition by foreigners

Move aimed at boosting investment in agriculture and forestry as economy contracts in commodity slump
Wednesday, May 6, 2015 - 05:50
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"We need to find a middle ground so that investing in Brazilian land is permitted. We're working so this rule can once again be modified." - Katia Abreu, Brazil's agriculture minister

Brasilia

BRAZIL is looking at easing restrictions on the acquisition of land by foreigners to boost investment in agriculture and forestry as Latin America's biggest economy heads towards its worst year since 1992.

An effective prohibition on selling land to foreign individuals and