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EU Ambassador: Ukrainian authorities must set ‘protectors’ so that villagers can buy land

Matti Maasikas said that the European Union did not require Ukraine to open the land market to foreign investors, because the EU itself does not have uniform rules for the purchase of land by foreigners
19:20, 26 November 2019

Matti Maasikas
Open source

Ukrainian authorities should set “protectors,” in particular procedures of support for the small agricultural business, and credit programs so that villagers have a real opportunity to buy the land. EU Ambassador to Ukraine Matti Maasikas said this in an interview with European Truth agency.  

“Believe me: all diplomats working in your country know how sensitive this issue is. I understand very well your farmers' fears that foreign investors may take a loan at a much lower interest rate,” Maasikas said.

Maasikas said that the European Union did not require Ukraine to open the land market to foreign investors, because the EU itself does not have uniform rules for the purchase of land by foreigners.

Related: Considering land sale may cause rift in Parliament and split within country, - Holos party

On November 13, the Ukrainian Parliament voted for draft law No.2178-10 in the first reading; the document cancels the moratorium for the land sale in Ukraine.

President Volodymyr Zelensky offered to hold the nation-wide referendum about the option to sell the Ukrainian land to foreigners.

Speaker of the Ukrainian Parliament Dmytro Razumkov claimed that such referendum may be held before 2024, but only after the law is passed in the second reading.

Related: Zelensky speaks on land sale market opening

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