Washington Examiner

Senate blocks China’s purchase of US farmland.

The Senate ​Takes Action to Protect‌ American Agricultural Land from Foreign Adversaries

The Senate ‍made a ​significant move on⁤ Tuesday by overwhelmingly voting ⁢to include ⁤an amendment in the annual national defense bill.‍ This amendment aims to prevent‌ foreign adversaries from purchasing American agricultural land in the future. The bipartisan vote of 91-7 demonstrates a united front in​ safeguarding national security.

Concerns Over Foreign Ownership of American ‍Farmland

Sens. Jon Tester (D-MT) and Mike⁣ Rounds (R-SD) introduced the amendment in ⁢response to growing concerns about ⁤countries like ‌China, Russia, North Korea, and Iran acquiring U.S. farmland. Reports have highlighted the potential national security risks posed by foreign ownership, particularly when ​it occurs‌ near‌ military‌ installations.

“In recent years, our country has seen firsthand attempts ⁣by our near-peer competitors to acquire ⁣land adjacent to⁣ our military bases,” said ⁢Rounds. He cited a specific example from⁢ 2022, where a‌ Chinese government-linked company attempted to purchase a large plot of land near a crucial military drone base⁢ in North Dakota. This incident underscores the‍ urgent need ⁢for the amendment.

The proposed amendment would grant the Committee on Foreign Investment in⁢ the ‌United States (CFIUS) the authority⁣ to review significant foreign investments in⁤ agriculture. By utilizing data from‌ the Department of Agriculture, the committee would‌ be able to assess the ⁢security ​implications of these investments. Additionally, the amendment⁤ empowers the committee to prevent‍ future purchases of farmland by foreign adversaries.

“As​ a third-generation ⁤farmer, I know that food ​security is national‍ security,” ​emphasized Tester. “Allowing our foreign adversaries like China to invest in American ag land and agribusinesses threatens ⁢American businesses and puts our food security⁤ and national security at risk.”

Similar⁤ Efforts and the Growing Concern

Sens. Joni Ernst⁣ (R-IA) and Debbie Stabenow‌ (D-MI)⁤ introduced a‌ bill earlier⁣ this year that aligns with the amendment’s objectives. Their bill calls for a review‍ of any purchase or lease by a foreign entity‍ that exceeds 320 acres of land⁤ valued ​at more than $5 ⁣million. The senators argue that current ⁢U.S. laws​ lack sufficient oversight regarding foreign adversaries’ farmland acquisitions⁤ and their locations.

“America is not​ for sale. There is no ignoring that China is in our own backyard ⁢and buying up land near our critical military installations,” declared Ernst. “I have worked to close the loopholes that have allowed the Chinese Communist Party⁣ to encroach on our farmland, and today I⁣ am proud‌ to see those efforts are helping to strengthen our national security and combat our foreign adversaries. As ⁢Iowa farmers know, food security is national security.”

According to the Department of Agriculture,⁢ foreign‍ ownership​ of U.S. land⁣ has nearly doubled in the past decade. Canadian investors currently own⁤ 31% or 12.8 million acres, while China holds ​less than 1% with just over‍ 380,000 acres of ⁤foreign-owned land.

At the​ state ‌level, an increasing number of lawmakers have‌ been working to ban ⁢foreign ownership of farmland, particularly by China. Florida recently joined at ‌least seven other states in passing⁢ bills to ⁢address ‍this issue in their state legislatures.

Senate Majority Leader Urges Support for the Amendment

Earlier ‍on ⁢Tuesday, Senate ⁣Majority Leader Chuck Schumer (D-NY) urged his colleagues to vote ⁢in‍ favor ⁢of the amendment. He emphasized that ‍any concerns could be addressed during the conference ‌process, highlighting ⁤the Senate’s ⁣commitment ⁢to⁤ productive⁢ work on national defense.

“I appreciate‍ the cooperation ‍of ⁢senators on⁢ both sides as we work to lock in ​these ​votes,” stated Schumer. “We have a chance to show the American​ people that ‌the Senate can work​ productively on our national defense, in stark contrast to the partisan race‌ to⁣ the bottom that we saw over in the‍ House.”

The Senate’s resounding‍ support​ for this ⁤amendment reflects a shared ‌commitment to protecting American agricultural ​land from foreign adversaries. By​ taking proactive measures, the Senate aims to⁢ ensure ⁣both⁢ food security and national security for the United States.

Click here to read more from The Washington⁢ Examiner.


Read More From Original Article Here: Senate votes to keep China from buying US farmland

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