Business
Javier Milei abandons his bill on land purchases by foreigners in Argentina
The Argentine president backs down from his initiative to facilitate land acquisition by foreign investors amid protests and strong opposition.
Argentine President Javier Milei has had to abandon his bill aimed at lifting restrictions on rural land purchases by foreigners. This decision comes in response to increasing pressure from the opposition and significant public mobilization.
Protests have intensified across the country, particularly in Buenos Aires, where clashes broke out between police and demonstrators. This bill, which aimed to facilitate land evictions, has been a source of tension within Milei's ultraliberal government agenda.
The situation has led to a review of the bill in the Senate, where the atmosphere has become particularly charged, highlighting the disagreement over this sensitive issue of land ownership in Argentina.