Ukraine’s ban on sales of farmland was extended for one more year.

Ukraine’s ban on sales of farmland was extended for one more year. With the Rada vote on Thursday, the ban will complete two decades. But the new law gives the Cabinet of Ministers two months to come up with a land sale bill. The government’s leading version provides for a cautious exit from the freeze: land sales allowed only to Ukrainian citizens, with no buyer allowed to amass a holding larger than 200 hectares. The World Bank estimates that a free market for farmland would generate $1 billion a year in rural investment.