Who controls agricultural land in Ukraine?

The total amount of land controlled by oligarchs, corrupt individuals, and large agribusinesses is thus over nine million hectares, exceeding 28 percent of the country’s arable land. The rest is used by over eight million Ukrainian farmers.

 

Part 4 - How are international financial institutions involved in the takeover of land in Ukraine?

 

Since the installation of a pro-EU government following the Maidan Revolution in 2014, a key condition of financing from international financial institutions like the European Bank for Reconstruction and Development (EBRD), the International Monetary Fund (IMF), and the World Bank has been for Ukraine to lift the moratorium on the sale of agricultural land in order to create a land market. 

 

This push has largely succeeded, with the IMF leveraging the economic fallout from the COVID-19 pandemic to coerce Ukraine into passing the March 2020 land law despite overwhelming opposition in the country. 

 

Another way in which the international financial institutions have been involved is through the provision of substantial loans to Ukrainian agribusinesses, allowing the latter to sustain and expand their operations. Together, the EBRD, the European Investment Bank (EIB), and the International Finance Corporation (IFC) – the private sector arm of the World Bank – have lent US$1.7 billion to just six of Ukraine’s largest landholding firms in recent years.

 

Source:

 

https://www.oaklandinstitute.org/sites/oaklandinstitute.org/files/pdfpreview/war-theft-faq.pdf

 

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