Business news from Ukraine

FOREIGNERS NOT TO BE ABLE TO BUY FARMLAND IN UKRAINE UNTIL DECISION MADE AT NATIONAL REFERENDUM – OPINIO

The parliamentary committee for agricultural and land policy is finalizing the provisions that foreigners would not be able to buy land until the decision to allow this is made at a national referendum, Deputy Head of the Servant of the People parliamentary faction, MP Yevheniya Kravchuk has said.. “Today, the meeting of our faction was held with one issue on the agenda – the introduction of the land market. Discussions continue. But not about whether it is needed or not, but about the parameters of the functioning of the market. And that means that we have come very close to the optimal solution that will suit Ukraine most of all. Namely, the committee for agricultural and land policy is finalizing the provisions that foreigners will not be able to buy land until a decision on this is made at a national referendum,” Kravchuk wrote on her official page in the Facebook social network on Monday night.
The MP said that this is about the concentration of no more than 10,000-20,000 hectares of land in the hands of one operator.
“As for the concentration of land in the hands of one operator, the threshold will be significantly reduced. Discussion is about 10,000-20,000 hectares, which is 90% less than what was proposed for first reading,” Kravchuk said.
According to Kravchuk, it is necessary to legislatively limit the possibility of speculation with the resale of land.
“We talked about the need to remove speculation with the resale of land in the first years after the market opened. Special safeguards are introduced for this, because people should not earn from selling land, but from products grown on it,” the MP said.

, , ,

PRESIDENT OF UKRAINE VOLODYMYR ZELENSKY URGES FOREIGNERS TO INVEST IN UKRAINE

President of Ukraine Volodymyr Zelensky has appealed to foreign investors to invest in Ukraine.Zelensky posted the corresponding video on his Facebook page on Thursday.
So, Zelensky said that it is necessary to carry out a series of reforms that would contribute to the economic growth of the country.
“We need to change a lot here: fire non-professionals and hire professionals, deregulate industries, simplify rules, improve the infrastructure and many other things. As you know, changes take time … I invite you, investors, from any part of the world to join the opportunity,” Zelensky addressed investors in the English language.

, ,

UKRAINE ENDING VISA APPLICATION FOR FOREIGNERS IN AIRPORTS FROM JAN 1

Ukraine from January 1, 2019 will stop issuing visas on arrival for foreign citizens at international airports, said State Secretary of the Ministry of Foreign Affairs of Ukraine Andriy Zayats.
“From January 1, the issuance of visas at international airports will cease and the functionality of the electronic visa will expand,” Zayats told the Kyiv-based ezine LB.ua.
According to him, the Foreign Ministry acknowledged that the issuance of visas at the airport is neither modern nor effective, since some foreigners do not speak English, and some foreigners do not have a banking card, with which they can pay the consular fee.
In 11 months of 2018, about 35,000 visas have been issued at the airports of Ukraine.
Zayats said that the functionality of the electronic visa will now be expanded by increasing the number of states whose citizens will be able to issue it, adding that the list of purposes to be issued an e-visa is expanding.
“Now the purpose is only a tourist or business trip. From January 1, treatment and private trips to visit relatives are added to this. Visas for journalists are added. So, we block almost all non-immigration types of travel with electronic visas,” the diplomat said.
He said that the e-visa fee will be set at $85 from January 1, while the consular fee for entry into Ukraine will be set at $65.

, ,