A draft bill aimed at removing a moratorium on selling agricultural land in November, the Ukrainian parliament adopted in its first reading. It is presently a hot subject in Ukraine. Our venture Manager Nataliya Sjovoll, consequently, asked Dmytro Lyvch from EasyBusiness, that has been earnestly using the services of this dilemma, why it is necessary for Ukraine to permit the purchase of agricultural land, and exactly exactly what international investors should be familiar with.
1. Aside from the freedom that is economic landowners, might you point out three significant reasons why it’s important for Ukraine to permit the purchase of agricultural land?
“Starting through the advantages of farming market reform in Ukraine. First it will be the financial effect it can bring in to the Ukrainian economy. Based on our latest research in 2019, land reform in Ukraine may bring one more 85 billion USD of total GDP development in the second 10 years after opening of the liberalized market. It indicates that the agriculture cost will develop 5 times after ten years, the rent prices will grow also, as well as the income of Ukrainian landowners and citizens as a whole will develop within the amount of the following ten years following the land market reform. Finding its way back to another great things about the land market reform its recognition that is international of. Because Ukraine is among the cheapest nations in index of financial freedom and a land market reform is just one of the significant reasons why we lies behind the developed nations. Ukraine continues to be the only democratic nation with no land market at all. Continue reading “Exactly about The purchase of agricultural land in Ukraine”