Ukraine

L’année prochaine, l’Ukraine lèvera un moratoire sur la vente de terres agricoles, une action perçue comme un pas important dans l’ouverture du pays à des acheteurs étrangers potentiels.

China looks to buy farmland in Ukraine

The law on the state land cadastre was published in the parliamentary newspaper Holos Ukrainy and will take force on 1 January 2012.

La loi de l'Ukraine "Sur le cadastre des terres domaniales" a été signée aujourd'hui par le président, jetant les bases de levée de l'interdiction de l'achat et de vente de terrains dans le pays.

"Although the World Bank is not happy with the absence of companies in the farmland market, we're insisting on our position, which remains unchanged," Deputy Head of the State Agency for Land Resources of Ukraine, Mykola Kaliuzhny, has said.

On July 19, Ukraine's Verkhovna Rada registered the project of law “On Land Market”. It was brought in by Nikolay Azarov, the head of the Cabinet of Ministers of Ukraine.

The main idea of this reform is to abolish the moratorium for selling agricultural land in Ukraine.

At least 21 investors from famous US firms who were in Tanzania to scout for business opportunities for 10 days have acquired, among other things, land for production of food crops in East Africa’s second largest economy.

Korea wants to secure a total of 380,000 hectares of overseas farmland by 2018, the agriculture ministry said in an e-mailed statement today. Priority countries include the Philippines, Cambodia, Ukraine, Indonesia and Russia.

The Parliament of Ukraine on Thursday, July 7, adopted a law "On State Land Cadastre".

EBRD funds Ukrfarm, a subsidiary of the Renaissance Group, to bring an additional 50,000 hectares of land in the Ukraine into crop production.

The investment is expected to boost Cyprus-based UkrFarm’s arable land holdings in the Ukraine to 300,000 hectares by 2013 from 250,000 hectares.