Ukrainian President urges Parliament to open land market

Ukrainian President urges Parliament to open land marketThe absence of the farmland market in Ukraine hinders investment in agriculture, Ukrainian President Petro Poroshenko has said.

"The absence of the right to freely sell and buy farmland hinders investment into agriculture, narrows and violates rights of farmers and sets too low rent rates, drawing last kopecks out their pockets. This is axiomatic. I know the public opinion in Ukraine on the issue and the position of the majority of parliamentary factions. I appreciate them and respect. This is your competence, dear lawmakers, how to resolve the problem: to hide head in the sand and change nothing or to work on the creation of the land market in Ukraine, but with all possible safeguards from any negative consequences," he said in his annual address to the Verkhovna Rada in Kyiv on Tuesday.

Petro Poroshenko’s speech to appeal to the deputies was the first on the agenda of the Verkhovna Rada today's plenary session. After his speech, seven new deputies, who won the by-election on July 17, have to take their oaths today. They must declare, which political force will join.
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