Poroshenko signed law to extend the moratorium on land sales

Poroshenko signed law to extend the moratorium on land salesThe Ukrainian President Petro Poroshenko has signed the Law "On amendments to Section X "Transitional Provisions" of the Land Code of Ukraine to extend the prohibition of agricultural land conveyance", adopted by the Verkhovna Rada on October 6.

Presidential press-service in a statement reported: "The law extends for one year the period of the moratorium on the sale or conveyance by any other means of agricultural land, which will allow during this period to settle on a legislative level, the process of agricultural land turnover," the report says.

The Cabinet of Ministers of Ukraine has been structured until July 1, 2017 to develop and submit to the Verkhovna Rada a draft law on turnover of agricultural land.
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