Verkhovna Rada Chairman Volodymyr Lytvyn believes that foreigners could be admitted to the Ukrainian market of land only when the price on land catches up with that in Europe.
"I believe that the period of time should be designated when foreigners are prohibited from buying land. There should be a transition period until the level of land prices in this country is equal to the land price in European countries," Lytvyn said in an exclusive interview with Interfax-Ukraine.
"In my opinion, this approach can help ensure that we reach a compromise in the adoption of the law," he added.
The speaker believes that they should not set the date, when the land market is to be launched.
In his opinion, it is necessary to adopt laws on cadastre and land market, focusing on the lease of land, and to see how the law is working over time.
The Verkhovna Rada should have a possibility to modify these laws.
