For the previous 16 years, seven million citizens that are ukrainiann’t had the oppertunity to get rid of the land they have.
The moratorium on agricultural land product product sales not merely proved damaging to their state economy, resulting in missing revenue of as much as USD $40-50 billion, nonetheless it had been also an egregious violation for the home liberties of Ukraine’s very own residents. For the previous 16 years, seven million citizens that are ukrainiann’t had the opportunity to get rid of the land they have.
The parliament of Ukraine voted for the introduction of a moratorium that is temporary the purchase of residents land shares on January 18, 2001. This move had been planned as a short-term solution that will protect the Ukrainian market from a scenario by which a couple of landlords accumulated most of the available land.