WASHINGTON -- The U.S. government's process to track when and how much American agricultural land is being purchased by foreign entities is inadequate, a congressional watchdog said in a report.
GAO says Pentagon and CFIUS frustrated with Agriculture Department
A corn field and storage bins are seen in North Dakota. A Chinese company's purchase of cropland in the state, near a key U.S. military facility, caused an uproar on Congress and was ultimately canceled. © Reuters
WASHINGTON -- The U.S. government's process to track when and how much American agricultural land is being purchased by foreign entities is inadequate, a congressional watchdog said in a report.