World Bank, EU ready to provide technical support for Ukraine to launch farmland reform.

The launch of the farmland market remains a priority for Ukraine's government / Photo from UNIAN, by Volodymyr Hontar

The launch of the farmland market remains a priority for Ukraine's government / Photo from UNIAN, by Volodymyr Hontar

The World Bank and the European Union stand ready to provide technical support and other resources for Ukraine to successfully implement farmland reform.

This was stated by Klaus Deininger, Lead Economist in the Sustainability and Infrastructure Team of the Development Research Group at the World Bank, according to Ukraine's Ministry for Development of Economy, Trade and Agriculture.

Read also Ukraine estimates economic effect from farmland market launch at US$85 bln

In his words, Ukraine has all the prerequisites for the introduction of a transparent farmland market, which will increase the efficiency of the use of land resources, provide a basis for the development of agriculture, rural areas and the local population.

Ukraine's Deputy Minister for Development of Economy, Trade and Agriculture Taras Vysotskyi, in turn, said that the introduction of the farmland market and the provision of all the necessary tools for its successful operation remains a priority for the government of Ukraine for 2021.

"All the priorities of the Ukrainian government regarding the further implementation of the land reform remain operative in 2021, because in six months the farmland market will be launched. It is important for us to provide all the necessary prerequisites for the successful launch of the farmland market and its further operation," he said.

In particular, these are the development and implementation of farmland legislation, the introduction of land deregulation, the transfer of land management powers to local communities, the introduction of a system of e-auctions, land monitoring.

A roadmap for further joint work within the Land Reform Steering Committee is expected to be finalized in early February.

Farmland reform in Ukraine: Facts in brief

  • On April 28, 2020, President Volodymyr Zelensky enacted the law on amendments to certain legislative acts of Ukraine on agricultural land to launch the farmland market in Ukraine from July 1, 2021.
  • The law provides for a gradual land reform: only citizens of Ukraine will be able to buy agricultural land with a limit of 100 hectares per individual as of July 1, 2021. At the second stage, as of January 1, 2024, land concentration will increase to 10,000 hectares, and legal entities will also be allowed to acquire farmland.
  • In June 2020, President Zelensky said Ukraine would lift farmland purchase restrictions only after Ukrainian farmers were given access to low-interest loans for that purpose.
  • On October 15, 2020, Zelensky signed a decree on the transfer of agricultural land from state to municipal ownership.
  • On the same day, State Geocadastre head Roman Leshchenko said that about 750,000 hectares of land would remain in state ownership after the transfer of more than 2 million hectares of agricultural land to municipal ownership under the presidential decree.
  • On November 9, 2020, the Cabinet of Ministers proposed new methods be introduced to evaluate farmland.
  • On November 10, 2020, Deputy Minister for Development of Economy, Trade and Agriculture Taras Vysotskyi announced that the government would allocate UAH 500 million (US$17.8 million) in the 2021 budget for the first stage of the farmland reform.
  • On November 11, 2020, the Cabinet of Ministers improved control over the concentration of agricultural land in the ownership of one person.
  • On November 17, 2020, the Cabinet of Ministers approved a decree on the transfer of farmland to territorial communities.

Author: UNIAN

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Related news
Exams scrapped with teachers to decide on A Level and GCSE results.

Exams scrapped with teachers to decide on A Level and GCSE results.

TEENS look set for a record haul of GCSEs and A levels this year — as officials abandon trying to control soaring grades. Normal summer exams have been ditched and teachers will instead decide what results students get, with the help of voluntary ...

Sky News wins News Channel of the Year for the fourth year in a row.

Sky News wins News Channel of the Year for the fourth year in a row.

Sky News has been recognised with six awards at this year's Royal Television Society Journalism awards. The channel won News Channel of the Year as well as best Home and International coverage for its reporting of the pandemic in the UK and Europe...

From dealing drugs to food parcels: Pastor Mick, Burnley, and a covid crisis.

From dealing drugs to food parcels: Pastor Mick, Burnley, and a covid crisis.

Pastor Mick Fleming has devoted all of his time in this lockdown to supporting the poorest communities in Burnley. But his life hasn’t always been this way. He tells us how he swapped a life of crime and dealing drugs for supporting people 24/7 wi...

Gov. Kristi Noem: New spending bill is a bailout for Biden 'cronies'

Gov. Kristi Noem: New spending bill is a bailout for Biden 'cronies'

South Dakota Gov. Kristi Noem slams President Biden's spending bill as a "bailout for bad actors" and discusses destruction caused by Keystone XL pipeline cancelation. #FoxNews #Hannity Subscribe to Fox News! Watch more Fox News Video: Watch Fox N...

Who's to blame for the EU's slow coronavirus vaccine rollout? - DW News.

Who's to blame for the EU's slow coronavirus vaccine rollout? - DW News.

The EU has been slow off the mark in its vaccination drive, and new infection numbers are still stubbornly high in many countries. Germany currently has an incidence rate of 61 per 100,000. Sweden and the Czech Republic have more than 200. DW Brus...

Live: Education Minister on teachers to deciding A Level and GCSE results.

Live: Education Minister on teachers to deciding A Level and GCSE results.

British Education Minister Gavin Williamson is expected to address lawmakers in the House of Commons to announce plans to allow school teachers to decide grades. From Brexit breaking news to HD movie trailers, The Sun newspaper brings you the late...