The Verkhovna Rada refused to cancel the law on the land market

MOSCOW, April 13/ Radio Sputnik. The Parliament of Ukraine at the extraordinary session refused to cancel the law on the land market, the document can now be submitted for signing to Ukrainian leader Vladimir Zelensky, reports RIA Novosti.

the law is necessary to receive a new IMF program.

it is Known that the abolition of the vote for the document was supported only by 70 parliamentarians when the required minimum of 226 votes.

Two of the faction “Batkivshchyna” and “Opposition platform for life” we intend to contest the adoption of the law in the constitutional court.

Rada adopted the law, which repeals the July 1, 2021 moratorium on sale of agricultural land, at the end of March.

According to the law, the first two years the land will be able to buy only individuals – citizens of Ukraine, but not more than 100 hectares in one hand. In 2024, the earth will be able to buy, as expected the base model, Ukrainian legal entities not more than 10 thousand hectares in one hand. Foreigners to buy land in Ukraine will not. The adoption of the document is critical for the conclusion of a new loan program with the International monetary Fund.

the Moratorium on sale of farmland is valid in Ukraine for 18 years.

Earlier radio Sputnik reported that the IMF announced Ukraine’s new requirement.

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