20 07 2017
Vasil Kisil & Partners acting jointly with Ukrainian Agribusiness Club and the Ministry of Agrarian Policy and Food of Ukraine prepared the manual “Doing Agribusiness in Ukraine: Legal Guidance for Foreign Investors.”
The agribusiness share in the foreign investment portfolio in Ukraine has been growing during the recent three years. Investments in the agriculture remain stable, as compared to the reductions occurring in the other industries. Based on the 2016 results, the share of GDP accorded to the agribusiness was 11.6% from Ukrainian GDP or UAH 277.2 bln. The agrarian GDP of Ukraine has been showing the average growth by 26% annually in the recent 5 years. Exports have also increased in this context. The last year’s deliveries of agrarian products abroad reached USD 15.3 bln. or 42% of Ukraine’s aggregate exports.
The Doing Agribusiness in Ukraine manual makes a potential foreign investor aware of the key legal aspects of doing agribusiness in Ukraine, so that to increase investments in such a promising sector of Ukrainian economy as the agribusiness is. It contains descriptions of companies operating in the agricultural sector and addresses such issues as taxation, repatriation of profits, rights to land and property, employment relations, protection of intellectual property, dispute resolution, and sector-specific regulations.