Ukraine

Kiev keeps putting off land reforms, despite pressure from the IMF and investors.

The Ukrainian parliament voted on Thursday to extend a ban on the sale of agricultural land by one year, delaying what financial backers say is a key reform essential to Ukraine's long-term economic growth.

The company plans to spend $300 million over the next five years, mostly on increasing processing and production, as well as expanding into farming in Africa, Kazakhstan and Ukraine, Dhawan said.

Ukraine and the People's Republic of China have signed the program of investment cooperation in the agricultural sector. Ukrainian agricultural sector said to have potential to become production hub for foreign partners.

"The moratorium on agriculture land sales is a major impediment to attracting investment and unlocking productivity in Ukraine's agricultural sector," says World Bank.

Iran's South Khorasan Province aims to get hold of 10,000 ha of farmland in Kazakhstan for its own food production. Ukraine is also being targeted.

Ukraine’s parliament will begin discussing controversial IMF-mandated agricultural land reforms today, while the country's farmers march in protest outside.

Chinese state-owned Huangfanqu Farm and a Ukrainian partner are investing $50 million in a livestock farm in Koryukovka and a grains farm in Naumovka, as well as a 2,700 ha forest, where it plans to raise wild animals.

An appeal signed by 55 lawmakers has been sent to the Constitutional Court seeking to lift farmland sale moratorium in Ukraine.

Companies are betting that global appetites will increasingly rely on Black Sea soil even as obstacles to growth remain.

La verkhovna Rada a prolongé au moins jusqu’en 2018, le moratoire sur la vente de terres agricoles.

Le français Charles Beigbeder a fondé AgroGeneration en 2007. L'entreprise exploite 120.000 hectares des terres noires d'Ukraine.