Myanmar: New Model Land Contract to ‘Help Prevent Land Grabs’
Nov 10, 2014
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Mizzima
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A Canada-based international public policy research institute for sustainable development has come up with a “model contract” to protect land owners and users in developing countries including Myanmar from harmful land grabs.
According to the International Institute for Sustainable Development or IISD, governments in the developing world now have a powerful new resource to help them negotiate contracts to reduce harmful effects of large-scale land investments. The guide, the first of its kind, proposes model contract clauses that can fill gaps in domestic law and contribute to promoting more sustainable foreign agricultural investment.
The NGO recently issued “The IISD Guide to Negotiating Investment Contracts for Farmland and Water” developed by its team of lawyers, social scientists and environmentalists.