Arkansas orders Chinese-owned seed producer Syngenta to sell US farmland

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Arkansas orders Chinese-owned seed producer Syngenta to sell US farmland
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Grandpere’s love builds a Viking ship in West Pubnico | SaltWireCHICAGO - Arkansas ordered Syngenta to sell 160 acres of farmland in the U.S. state within two years on Tuesday because the company is Chinese-owned, drawing a sharp rebuke from the global seeds producer.

Syngenta said it was disappointed and called the decision"a shortsighted action" that will hurt Arkansas farmers. The company owns about 1,500 acres of U.S. agricultural land for research, development and regulatory trials on products used by U.S. farmers, spokesman Saswato Das said. A rival of U.S. company Corteva and German firms BASF and Bayer, Swiss agrichemicals and seeds group Syngenta was bought for $43 billion by ChemChina in 2017 and folded into Sinochem Holdings Corp in 2021. ChemChina is a"state-owned enterprise" in China, Griffin said.If Syngenta fails to sell its land, owned by subsidiary Northrup King Seed Co, Griffin can"force them to get out of our state" with legal action, Huckabee Sanders said.

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