The Verkhovna Rada of Ukraine on Thursday, December 7, extended until 2019 the moratorium, which has been in force since 2001, on trading in farmland, an UNIAN correspondent reported.
The Verkhovna Rada Committee on Agrarian Policy and Land Relations has recommended that the parliament prolong the moratorium on farmland sale until 2019, according to the Committee's website.
The price of 1 hectare of farmland in Ukraine in case the moratorium on its sale is canceled may amount to some UAH 50,000-60,000, First Deputy Minister of Agrarian Policy and Food Maksym Martyniuk told ICTV channel, according to Ekonomichna Pravda.