The American Chamber of Commerce in Ukraine Real Estate Committee meeting with participation of representatives of the Kyiv City State Administration and the State Agency of Land Resources was held on April 26, 2012.

Overview of recent changes and perspectives of developments in land legislation, remarks to the draft law “On Land Market”, in particular, regarding fixing ownership on agricultural lands with Ukrainian legal entities, its sale, land lease, as well as land circulation control, were discussed.

The participants have also paid attention to the draft law “On Amendments to the Land Code of Ukraine (On Holding Land Auctions)”, in which the starting price at an auction is a very important issue.