LLA makes 180-degree turn on ‘Land Law’ as opposition pressures Congress

Ruling party La Libertad Avanza (LLA) has reversed its decision to eliminate restrictions on foreign land ownership in Argentina in a bid to derail a congressional session called by the opposition for Thursday, which aims to address the issue. On Wednesday, LLA and its allies in the Lower House agreed to include a provision reinstating limits of 15% on the share of Argentine land that foreign nationals can purchase, in a private property bill that was already approved by the Senate. The government had previously sought to eliminate those restrictions through a presidential decree known as DNU…