August 8, 2019 / 8:07 AM / 12 days ago

Ukraine president plans to implement land reform this year

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy speaks after a parliamentary election in Kiev, Ukraine July 21, 2019. REUTERS/Valentyn Ogirenko/File Photo

KIEV (Reuters) - President Volodymyr Zelenskiy said on Thursday that Ukraine will implement land reform this year and that his government would carry out major privatizations.

“We will appoint a professional government and choose a decent general prosecutor. We will certainly take advantage of our chance to change the country,” he told investors in Turkey in remarks that were broadcast on Ukrainian television.

“This year we will definitely carry out land reform, which next year will create a land market of 40 million hectares.”

Zelenskiy has promised to lift longstanding moratorium on the sale of farmland, which would please many investors but risks a political backlash.

Reporting by Natalia Zinets; Writing by Matthias Williams; Editing by Alison Williams

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