Ukrainian land reform

RUSSIA / FSU POLITICS - In Brief 01 Apr 2020 by Alex Teddy
On March 31 the Ukrainian Parliament passed the land market bill. However, it is not as extensive as President Zelensky had wanted. The bill only allows an individual or company to buy parcels of up to 100 hectares at a time. Communal and state land cannot be sold under the new bill. State land is underused and is often part of the corrupt schemes. It has been illegal to sell farm land since 2001. Zelensky wants to change this. Marketizing land will unleash capital and thus modernize agriculture. The IMF demands a land market act as a condition for loans. Zelensky is perhaps overoptimistic about how much making land saleable will improve agriculture.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.