Business news from Ukraine

AGRIBUSINESS COUNTS ON REVITALIZING OF LAND ISSUE BY ZELENSKY

Agribusiness counts on the influence of political authority of newly elected President Volodymyr Zelensky to revitalize the land issue in parliament.
“The land market issue is one of the most exciting. The solution of this issue is largely influenced by the Verkhovna Rada, therefore only political authority can help the guarantor form new rules that have long been in demand by the people,” President of the Ukrainian Grain Association (UGA) Mykola Horbachev told Interfax-Ukraine.
He added that the new president will have to make significant efforts to shift the issue of opening the land market “to a more civilized plane.”
President of the Ukrainian Agribusiness Club (UCAB), CEO of IMC agricultural holding Alex Lissitsa also singled out the land reform as one of the six main areas that requires changes.
In addition, it is necessary to introduce new labor legislation, conduct education and innovation reform, tax liberalization to remove the economy from the shadow, privatization of state-owned property and state-owned companies, as well as partial privatization of Ukrzaliznytsia by allowing private operators to work, Lissitsa said.
The founder of T.B.Fruit group, Taras Barschovsky, agreed with him. He also hopes to speed up the process of opening the land market with the election of Zelensky as head of state.
At the same time, he noted the need for the development of small agricultural enterprises in horticulture and berry-growing, since “only this can save the Ukrainian village.”

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