Malagasy farmers have backed a move by the country’s new president to stop a -billion land deal with South Korea’s Daewoo Logistics.
A deal for Daewoo Logistics to lease over one million hectares of Madagascar to grow food crops is off, the island’s new leader said on Wednesday.
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/ 21 November 2008
South Korea is hoping to turn an undeveloped stretch of Madagascar into a maize-production centre.