Poroshenko urges Rada to open land market

11:43, 06.09.2016 1 min read

The 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.