Mayors Reject Land Law and Warn About Foreign Ownership
The Argentine Federation of Municipalities (FAM), which brings together more than 500 mayors, rejected the bill on the Inviolability of Private Property and urged national senators to protect Argentine territory and sovereignty. In a statement titled "The Homeland is not for sale. The land is not either," FAM, led by Fernando Espinoza, questioned the initiative of President Javier Milei's government, warning that it could increase foreign ownership of national territory. The organization requested senators to reject the bill that modifies the land protection regime, raising the limit of rural land in foreign hands from 15% to 25%. FAM argued that the project dismantles strategic tools for the defense of national sovereignty and criticized the easing of restrictions in border areas and regions with strategic resources. Furthermore, it warned about the risk of large areas of the country falling under the control of foreign interests, especially in regions with lithium, copper, and oil reserves. It compared the Argentine regime with restrictions in other countries in the region and Europe, highlighting that while the world protects its strategic resources, this project seeks to eliminate protective measures. The organization recalled that the judiciary suspended the Executive's attempt to repeal the Land Law through DNU 70/2023 and stated that preserving territorial heritage is a permanent obligation of the Argentine State.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Argentine President Milei's Social Media Influence Drops by 72%

Land Law: Government Proposes Increasing Foreign Ownership Limit to 25%

Milei Presents Reforms for the BCRA and Denounces the Inflation Tax Scam

Oil Crisis: 5 Reasons Why the Surge Won't Stop

SEC Reveals Progress on Key Measures to Drive Quality in Thailand's Investment Market

Real Review of World.xyz: Millisecond Trading and Betting Against Market Makers

Trump's Poll Numbers Decline, Bond Market Out of Control: Is Walsh's Independent Space Opening Up?

ESMA Warns of Growing Links Between Crypto and Finance

How to Calculate Bitcoin Profit for Beginners Easily - Fintech World
![[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"](/public-static/10_5acc261b9b.png?format=avif)
[Full Text] Solana Foundation: "Korean STOs Should Start Within Regulations and Expand Globally"

Can Bitcoin Be Bought with Rp50,000? Here's How - Fintech World

Bab el-Mandeb: Oil, Bitcoin, or... what are the consequences for the economy?

Anthropic: The Report That Implicates Claude, Between Missiles, Espionage in Mali, and Chinese Pillaging

Financial Services Agency Reports 1,961 Cases of Fraudulent Investment Solicitation from April to June, Over 80% Resulted in Losses

724 Eggs Cracked, 11,348 Traders Joined: WEEX TradFi Lucky Egg Campaign Hits 10M+ USDT in Trading Volume

JPMorgan Bullish on Meta: Muse, Model API, and Subscriptions Support $820 Target Price

Pump.fun Analysis: Is It Severely Undervalued, and What Should Its Target Price Be?

Bitget Wallet joins BCCC to take part in Japan’s self custody debate

Blockstream Refuses Ransom to Liquid Attackers; 4,000 Bitcoins Stolen, Over 80% Already Returned

Kalshi plans 24/7 Tesla, Apple and Nvidia perps

Russia to require tax IDs for opening crypto depository accounts

How to Raise iPhone Prices Without Hurting Sales? JPMorgan Analyzes Apple's 'Installment Strategy'

Robinhood is Trading Fruit Flies, Solana is Trading Cats

Ethereum Tentatively Sets Test Implementation Date for Glamsterdam

Nu launches U.S. services after OCC approval

Mr&强 Analyzes the Impact of Interest Rate Hikes, Suggests Short-term Trading Strategies

Wells Fargo CEO Claims the Clarity Act May Harm the Financial System?

What is Fibonacci retracement? Trading Minute

Ukraine has lost half of its warehouses: co-owner of the chain talks about the retail situation and risks of shortages











