A national referendum should be held to decide whether foreigners or foreign-controlled companies will be allowed to buy Ukrainian farmland,

Tuesday, November 12, 2019
A national referendum should be held to decide whether foreigners or foreign-controlled companies will be allowed to buy Ukrainian farmland,

A national referendum should be held to decide whether foreigners or foreign-controlled companies will be allowed to buy Ukrainian farmland, President Zelenskiy said Monday in a four-minute videotape address posted on Facebook. Saying the government has inserted this new step in its draft farmland market bill, he said: “Foreigners and companies in which there are foreigners among the founders will receive the right to buy Ukrainian lands, Ukrainian land plots only if the consent of the people of Ukraine is given in an all-Ukrainian referendum.” There about 1,000 foreign-owned farming companies in Ukraine, largely cultivating leased land.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Economy Minister Timofiy Milovanov

Economy Minister Timofiy Milovanov

Next post
As an IMF team flies into Kyiv today, one former Washington colleague,

As an IMF team flies into Kyiv today, one former Washington colleague,

Previous Main Topics