The land is for Ukrainians the main national wealth and, therefore, the agrarian reform requires a particularly careful preparation. Immediate opening of the agricultural market can lead to buying-up for nothing the lands belonging to the citizens. This is reported by MP from the “Samopomich” Union faction, a member of the Committee on Agrarian Policy and Land Relations, Ivan Miroshnichenko.
“We need a gradual introduction of the agricultural land market. The first step is to introduce effective regulatory mechanisms for the development of the agricultural land rent market, for the development of emphyteusis (the right to own and use someone else’s land for agricultural needs) providing for the possibility of selling the leasehold rights and emphyteusis, as well as their pledging (mortgage). That is to create the conditions for receiving financial resources on the pledge of land use rights,” noted the MP.
“The second step is to carry out a fair assessment of agricultural lands depending on the quality of the land and its location; to create equal conditions for Ukrainian landowners as compared to other potential participants in the land market through the introduction of effective mechanisms of financial support (state programs, concessional lending) on the pledge of the rights to own and use an agricultural land,” he added.
According to the lawmaker, the financial support from the government should encourage citizens to create small competitive farms, family farms: greenhouses, dairy farms of family type, gardening, berry growing, vegetable growing, and the like. These projects should have a high level of localization when being implemented. In addition, issuing of land bonds for placement in the financial markets on the security of state of agricultural lands will help attract investment and long-term financing of the economy of the country.
“Finally, the third step is to introduce a full-fledged land market with account of private ownership farmlands by setting restrictions and precautions necessary to protect the interests of Ukrainian landowners,” concluded the MP.