The Ministry plans to prohibit the buying of agricultural land in Ukraine to foreigners and businesses

2017-02-06 14:33:07
Machine translation
The Ministry plans to prohibit the buying of agricultural land in Ukraine to foreigners and businesses

the draft law on turnover of agricultural lands must be prescribed rules forbid to take part in the auction legal persons and foreign investors, - has told about his vision of the current issue, the Minister agroprodmach T. the Corner.

 

He also said that "now the Ministry of working through key points of the future of land reform".

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  • First is the issue of participation in land sales to Ukrainian citizens only. Access of foreigners and legal entities to trading will be denied.
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  • the Second aspect is the price of land, which should be not below its normative monetary evaluation to exclude the purchase of land for a pittance.
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  • Third point should be the guarantee by the government providing small farms profitable loans with interest rate not exceeding 7% per annum in UAH. They will also have the right to priority acquisition of land for their own needs, and if you stay and work in this area.

 

Recall that the Parliament extended the moratorium on alienation of agricultural land until 2018. And 28.10.16 the law was signed by the President.

 

under existing legislation, the moratorium will be automatically extended until the entry into force of the law on turnover of agricultural lands, the draft of which is now developed by the Ministry of agrarian policy, in cooperation with other agencies.

 

Experts and the public disagreed on the necessity of lifting the moratorium on land sales. Some believe that this will create a shadow market of the earth, others believe that the land bought up by foreign owners, and farmers will be left with nothing.