Land Reform Barometer

• Draft Law “On Turnover of Agricultural Land”: A Threat of Monopolizing the Market by the State Land Bank

  13.05.2013
  Free

  Recently the State Land Agency of Ukraine made public the draft law "On Turnover of Agricultural Land." Essentially this law will finalize shaping the legislative framework for introducing agricultural land purchase and sales market in Ukraine. However, analysis of the draft law raises significant concerns about potential monopolization of the agricultural land market by the newly established State Land Bank of Ukraine. This will by no means promote the development of agricultural land market, will not ease the access of farmers to bank loans and will not contribute to more efficient agriculture of Ukraine. Monopolizing agricultural land market also bears a threat to land owners. The current version of the draft law needs significant revision.

  Issue:  No.20 May 2013
  Attached file  (260.1 kb)
  Authors:  Nivievskyi Oleg