President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday.
Land possession has caused the first clashes in the newly named cabinet of President Dilma Rousseff with Agriculture minister Katia Abreu arguing there are no large estates ('latifundium') left in Brazil, while her Agrarian Development peer and a stalwart from the ruling party said a social approach was needed to the land and peasants issue.