Official rates of banking metals from national bank as of March 31
One troy ounce=31.10 grams
The Verkhovna Rada at an extraordinary meeting has adopted a law on opening the land market from July 1, 2021 with the restriction of its operation in the first three years only to land plots owned by individuals with a maximum ownership of 100 hectares per capita. According to an Interfax-Ukraine correspondent, 259 MPs voted for bill No. 2178-10 on farmland turnover at second reading and as a whole on Tuesday night with the quorum being 226 votes.
The votes for the law were distributed as follows: Servant of the People with 206 votes, European Solidarity with 23 votes, Holos with 13, Dovira with 12, non-affiliated with five votes. The factions of Opposition Platform-For Life, Batkivschyna, and For the Future group did not give a single vote in support.
The document stipulates that from January 1, 2024 legal entities will be able to purchase agricultural land, the concentration threshold per entity will increase to 10,000 ha. The sale of agricultural land of state and municipal property is prohibited.
In addition, banks get the opportunity to obtain land as recovery of collateral, however, such land plots should be sold at auction within two years.
According to the bill, the access of foreigners to the land market will depend on the results of the national referendum.
In addition, it is stipulated that until January 1, 2030 the selling price of agricultural land plots allocated to land plot holders cannot be less than their regulatory monetary value.
National bank of Ukraine’s official rates as of 31/03/20
Source: National Bank of Ukraine
The lifting of the moratorium on the sale of agricultural land is a significant impetus to the development of the economy, farming and the agro-industrial complex.
“The lifting of the moratorium on the sale of agricultural land is a significant impetus for the development of the economy, farming, the agricultural complex in Ukraine,” Prime Minister Denys Shmyhal said on Telegram.
As reported, on the night of March 31, the Verkhovna Rada at an extraordinary meeting adopted a law on opening the land market from July 1, 2021 with the restriction of its work in the first three years only to land plots owned by individuals with a maximum ownership of 100 hectares per capita.
Foreign Minister of Ukraine Dmytro Kuleba has held a phone conversation with his Indonesian counterpart Retno Marsudi to discuss the development of mutual trade between the countries.
“Dmytro Kuleba said that Indonesia is an important partner of Ukraine in Southeast Asia and one of the region’s leaders. In this context, he pointed out the growth of bilateral trade, which exceeded $1 billion at the end of last year. The ministers agreed to join their efforts for the further development of trade between the countries,” the Foreign Ministry of Ukraine said on Monday.
Kuleba said that Ukraine aspires to build closer political cooperation with the Association of South East Asian Nations (ASEAN).
The Ukrainian minister also thanked Indonesia for the decision to not impose sanctions on Ukrainian citizens who were unable to leave the country due to the suspension of flights, although their documents for stay in Indonesia have expired.
He also said that Ukraine is ready to welcome Indonesian president in Kyiv and invited the country’s foreign minister to visit Ukraine at any convenient time.
The demand for poultry since the introduction of quarantine measures in Ukraine in connection with the COVID-19 pandemic has grown by an average of 20% in the country, the press service of Myronivsky Hliboproduct agricultural holding has said.
“Since the introduction of quarantine in Ukraine, the demand for products has grown by an average of 20% in the domestic market. This mainly concerns packaged products,” the company said.
MHP said it had not raised prices for their products.
“MHP will continue to provide Ukrainians with the necessary volumes of chicken to avoid panic and shortages in the domestic market,” the company said.
The agricultural holding said the capacities of MHP enterprises operate at 100%. MHP also exports products to more than 80 countries.
MHP is the largest producer of poultry in Ukraine. It is also engaged in production of cereals, sunflower oil, meat. MHP supplies chilled chicken half-carcasses to the European market, which are also processed at its enterprises in the Netherlands and Slovakia.
