3.3-M hectare of coco lands in danger
By Charlie V. Manalo 09/25/2011The militant Kilusang Magbubukid ng Pilipinas (KMP) yesterday said that 3.3 million hectares of coconut lands are in danger of being controlled by United States agro-corporations over the $15-million investment bagged by President Aquino in his recent trip to the United States.
The peasant group also pushed the immediate return of the more than P150-billion coconut levy funds to small coconut as the solution to the development of the coconut industry.
The peasant group issued the statement after Aquino said that two US companies, Pepsi Cola and Vita Coco want to make fresh investments worth P15 million in the country’s coconut industry to meet the international demand for coco water.
KMP deputy secretary general Randall Echanis called on Aquino “to divulge the terms” of the investments fearing that this could lead to “one-sided and onerous land lease deals” between the US and Philippines..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20110925nat1.html
1 comment
itong malabuwayang buwitreng kalbong agila talaga, at mga tutang unggoy na mga pangulo natin, lalo na itong si "pangulong" a_noy y hocus pcos talaga, oo.
“We fear that Aquino’s pasalubong would replicate farmers’ experience in Mindanao where US-based agro-corporations, like Del Monte and Dole, now enjoys lifetime control over tens of thousands of hectares of lands,” said Echanis, referring to the country’s 50-year leaseback agreement with US firms that is renewable for another 25 years."
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