KYIV, July 22 – The Verkhovna Rada is proposed to reduce the largest possible area of land plots allowed for purchase by citizens of Ukraine and legal entities from January 1, 2024 from 10,000 hectares to 500 hectares, and also introduce a number of restrictions to prevent the concentration of land in one hand.

Bill No. 5771-1 with amendments to the Land Code of Ukraine regarding clarification of the criteria for acquiring ownership of farmland plots was registered on July 19 in the Verkhovna Rada by MPs Oleksiy Ustenko and Oleksandr Kachura (both are from the Servant of the People parliamentary faction).