terça-feira, 20 de novembro de 2012

Draft bill allows the purchase of land by foreigners


For a few years now, the agribusiness initiative has been pushing the Brazilian house of representatives to allow the purchase of rural land by foreign companies.

Now, a draft bill to that effect is circulating among the congressmen, and it has good chances to be approved.

I'm crossing my fingers. Maybe Brazil can purge itself from the recent misbehavior regarding foreign direct investment regulation.

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