Friday 7 January 2011

Ukraine land for sale!

Well it might be by 2012 according to Ukraine's PM, Mykola Azarov.

Azarov is blaming bureaucracy and restrictive land ownership laws for turning Ukraine into a major food importer.

This latest piece of news will undoubtedly fuel increased investment interest in Ukraine as investors look to cash in on the land bank.

Tellingly Azarov goes on to say there would be curbs on foreign ownership to protect the interest of the Ukrainian farmer.

Judge them by what they do and not what they say.