Business news from Ukraine

Business news from Ukraine

LAND REFORM WITHOUT TIMELY ADOPTION OF JUDICIAL REFORM WILL HAVE NEGATIVE CONSEQUENCES – EXPERTS

Land reform in Ukraine without the timely adoption and high-quality functioning of the judicial reform, as well as without the development of infrastructure will have negative consequences for the Ukrainian statehood, director of the Ukrainian Barometer sociological service Viktor Nebozhenko believes.
“Ukraine needs land reform, but it must be complemented by a judicial reform that would regulate possible conflicts. This is important. There is a risk of banditry with landlessness in the future. For example, there is a farmer who owns fertile land, and tomorrow he is shown documents that the land is no longer his. And with the judicial system that is now in Ukraine, it will end badly,” Nebozhenko said at an online conference at the Interfax-Ukraine news agency on the topic “Hot April 2021. Is Ukrainian politics entering perfect storm zone?”
Also, according to the political scientist, “in Ukraine it is necessary to develop a system of roads so that people and equipment can be brought or taken away to the fields.”
“Whatever land potential Ukraine has, it will not be realized without roads,” Nebozhenko added.
He noted that “an additional guarantee of a successful land reform would be the creation of land banks and land exchanges.”
“The figure of the prime minister, who would understand the issues of agrarian policy, is also important,” the expert said.
Political analyst Valentyn Hladkykh, in turn, noted that “there is a danger of excessive concentration of land in transnational companies or land oligarchs.”
“Land in no case should become an object of financial speculation. Conventionally, such an asset is bought with the hope of resale in case of a rise in its price, but it is not interesting as a resource for exploitation. I am a supporter of land reform from the point of view that land should be in the hands of private owners who will directly work on it. Since the land begins to be worth something only when human work is added to it,” he said.
“The Verkhovna Rada lifted the moratorium on the sale of land, but it is necessary to develop infrastructure so that everything can function in a civilized way. Otherwise, very negative consequences could occur not only for the Ukrainian government, but also for the Ukrainian statehood,” the political analyst added.

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PASSENGERS CARRIED IN JAN OF 2021, IN MLN

Passengers carried in Jan of 2021, IN MLN

OPEN4BUSINESS HELPS FOREIGN BUSINESSES TO SEARCH FOR OPPORTUNITIES AND EXPAND TO UKRAINIAN MARKET

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DECLARATION ON TOURISM COOPERATION WITH TURKEY TO INCREASE NUMBER OF FLIGHTS BETWEEN UKRAINE AND TURKEY

Thanks to the signing of the Joint Declaration of Intent on cooperation in respecting the rights and safety of tourists between Ukraine and Turkey, the parties will be able to simplify the border crossing rules for citizens of both states, as well as increase the number of flights between the countries, Prime Minister of Ukraine Denys Shmyhal said on Sunday.

“This declaration, in particular, makes it possible to simplify border crossing rules for citizens of both states, exchange vaccination systems, increase the number of flights between countries, expand the availability of tourist audio guides in Ukrainian and Turkish, and develop cooperation to attract investment in tourism and resorts,” the Prime Minister said on Facebook.

He recalled that the document was signed by Minister of Culture and Information Policy Oleksandr Tkachenko during a meeting with Minister of Culture and Tourism of Turkey Mehmet Nuri Ersoy.

As reported, on April 27, Ukraine and Turkey signed a memorandum on strengthening cooperation in the tourism sector.

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ASTARTA STARTS SPRING PLANTING SEASON-2021

ASTARTA’s farming units started the new spring planting season.
The Company’s main crops are sugar beet (33.5kha), corn (59.9kha), soybeans (31.2kha), wheat (46.5kha), sunflower (28.1kha) and winter rapeseeds (7.2kha).
ASTARTA is also growing a mix of organic crops on 1.8kha.
ASTARTA is fully prepared for the new planting season 2021 and has a full stock of seeds, crop protection means, fertilizers. The Company uses both imported and domestic inputs. The key selection criteria are quality and support for local producers. Wheat and soybeans’ seeds are produced in-house under the brand ASTARTA Select.
The new John Deere tractors, purchased in 2020-2021 within the five-year investment programme aimed at upgrading its agricultural machinery, are already involved in the current planting.
The staff has been trained. All operations are performed with strict quarantine regulations and requirements.
Despite the later start of the planting due to colder weather conditions, all production operations will be performed within the required timeline.

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