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Yushchenko forecasts Agrarian-Industrial Complex investments will boost once lands allotment procedure is simplified
01.03.2006 10:02 "Agro Perspectiva" (Kyiv) —
Within Vinnytsia region business trip President Viktor Yushchenko declared he is convinced simplification of lands allotment procedure will result in domestic agriculture investments boosting.
«Land ownership legalization is a key factor of domestic agriculture investments flow starting,» stated Yushchenko.
As to Yushchenko, absence of this problem solution is an obstacle to country production capitalization/investments growth dynamics.
«Unfortunately, five Laws referring to land projects which had been submitted by Cabinet to Parliament within Sept-Oct 2005 weren’t approved. These Laws are targeted at lands allotment procedure maximal simplifying,» admitted President.
As earlier reported, Nov 2005 Yushchenko had commissioned Cabinet to elaborate domestic lands market forming/development concept.
Ukrainian agricultural lands purchase/sale is banned by moratorium (stipulated by Ukrainian Land Code) until Jan 1, 2007.
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