Further Liberalization of the Farmland Sales Market in Ukraine

Ukraine continues undertaking major reforms even during wartime. The 01 January 2024 marked the start of the second phase of its two-phased design of the farmland sales market opening: Legal entities received a right to purchase farmland that was under the moratorium since 2001. Moreover, a cap on farmland accumulation per one beneficiary increased from 100 ha to 10,000 ha. The first phase started in July 2021 in a very limited format and then since 2022 under the hardships and insecurity of wartime. Nevertheless, the first assessments of the reform are quite optimistic and further liberalisation is expected to leverage Ukraine’s agricultural resilience and recovery efforts