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land plots were sold in Poltava region (2,284 ha), Kharkiv region (almost 2,198 ha), and Kirovohrad region (almost 1,590 ha). Until 2024, only citizens of Ukraine will be able to buy agricultural land with a limit of 100 hectares. Selling land to foreigners is due to be decided by a national referendum.
The average price per hectare of farmland has reached $1,490
(UAH40,000) with 3,498 of land agreements having been concluded as of August 3. The total area of land covered by the committed land agreements amounts to 5,324 hectares. The total value of all agreements is UAH210mn ($7.8mn). According to the Agrarian Ministry, the largest amount of land was sold in Poltava Oblast – 739.6 hectares, followed by Kharkiv Oblast with a total of 592.6 hectares and Kirovohrad Oblast with 515.6. The least was sold in the Kyiv Oblast – 2.7 hectares.
73 UKRAINE Country Report September 2021 www.intellinews.com