Ukraine intends to join private farms in commodity groups

Source

APK-Inform

2299

The Ministry of Agrarian Policy and Food of Ukraine intends to transform private farms into other form of incorporation by investing the government support to the sector, in order to motive farmers to join the commodity lines, declared the Ministry on November 21.

Note, in Ukraine there are 4.2 mln of private farming enterprises tilling nearly 6.5 mln ha. According to the Ministry estimations, 20% of private farms produce agriproducts for sale. However, in accordance with legislation, the activity related with private farms is not entrepreneurial. The situation creates the corruptive systems of commodities realization, affects their quality and leads to budget losses.

Thus, the Ministry of Agrarian Policy and Food will determine the directions and volumes of government support after the Verkhovna Rada to approve the Government budget for 2015.

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