€50 million will be invested to support farmers in Ukraine

Tuesday, May 25, 2021
1 MIN
€50 million will be invested to support farmers in Ukraine

According to the General Director of the European Commission's Neighborhood and Enlargement Directorate, the European Commission has allocated €50 million to support Ukrainian farmers

“We have allocated € 50 million over two years in the form of grants to support small farmers, in particular, to be able to finance the purchase of land. This goes hand in hand with the need to develop a proper mortgage system," Katarina Maternova said.

Land decentralization began with the decision of the President of Ukraine Volodymyr Zelensky to sign the law "On Amendments to the Land Code of Ukraine and other legislative acts to improve the system of management and deregulation in the field of land relations" №2194.

At the moment, it is important to inform farmers about all the nuances of land reform and make sure that they have received financial support to create stable conditions for international business.

Last but not least, this law is the second most important in the package of laws to invest.com/investing-in-ukraine/business-for-sale/buy-land/" rel="dofollow">buy land in Ukraine.

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