Supreme Court in Brasília Closes a Loophole Foreign Investors Had Used to Buy Brazilian Farmland for Decades
Key Points —Brazil’s Supreme Court voted 9-0 on April 23 to uphold a 1971 law that restricts foreigners and foreign-controlled companies from buying Brazilian farmland. —Justice Alexandre de Moraes, who had initially voted against the restrictions, flipped his position and cited the need to protect “national sovereignty and critical minerals.” —The ruling lands three days […]
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