OREANDA-NEWS.March 19, 2012. "Now the fate of the bill "On Land Market" completely is in hands of the MPs and they are to decide what will be market," said the Chairman of the SALR of Ukraine Serhiy Tymchenko at conference "Agribusiness: the market of agricultural land," "But there are some basic ideological postulates, voiced by the President of the State, which will be undoubtedly met. So, only the Ukrainian people will have the land of Ukraine.

Lands have been allowed buying only by the citizens of Ukraine – by individuals, state and local councils. Legal entities and foreigners cannot possess Ukrainian black earth. Nevertheless, they continue be able to rent them."

The head of the land office emphasized: "Despite the fact that there is a huge agricultural lobby, rent will also be limited."

In addition, it is expected to impose restrictions on land ownership. The latest version of the bill is - no more than 100 hectares.

To avoid buying by means of fictitious persons, the potential buyer will be subjected to various checks (tax, anti-monopoly committee and others.). Speculate with the land would not be profitable because of the high rate of state fee to re-sale of land. Only those will be able buying the land who really work on it.