LatinNews Daily - 07 October 2022

In brief: Colombia’s gov’t reaches agreement to buy land

* Colombia’s agriculture minister, Cecilia López, has announced that the government has reached an agreement with the country’s cattle ranchers’ federation (Fedegan) to buy 3m hectares (ha) of land for its agrarian reform. López said that this “kicks off the third component of the agrarian reform”. The first component, the granting of land titles for 681,372 ha to peasant farmers and indigenous and afro-Colombian people, began on 22 September and is expected to last until 15 November. The second component will see the leasing to peasant farmers of 125,000 ha of land confiscated from drug trafficking organisations (DTOs). The third component, which the Fedegan purchase relates to, will see the government buy 5m ha of land at commercial rates, before selling this at subsidised prices to peasant farmers and small businesses.

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