A draft bill aimed at removing a moratorium on selling agricultural land in November, the Ukrainian parliament adopted in its first reading. That is presently a hot subject in Ukraine. Our venture Manager Nataliya Sjovoll, consequently, asked Dmytro Lyvch from EasyBusiness, that has been earnestly working together with this dilemma, why it is necessary for Ukraine allowing the sale of agricultural land, and just just exactly what investors that are foreign know about.
1. Aside from the financial freedom to landowners, would you point out three significant reasons why it’s important for Ukraine to permit the sale of agricultural land?
“Starting through the advantages of farming market reform in Ukraine. First this is the financial impact so it can bring to the economy that is ukrainian. Relating to our latest research in 2019, land reform in Ukraine may bring an extra 85 billion USD of total GDP development in the second a decade after opening of the liberalized market. Read more