Development of aquaculture: we call on the Verkhovna Rada to support draft law No. 8119

On January 26, the Government of Ukraine, for the first time in history, decided to lease the water spaces of the Suhyi lyman (a bay with sea water, Odesa region).

The Cabinet of Ministers has issued an order to hold an auction, the winner of which will be able to conclude a lease agreement for the use of the water area for the purpose of carrying out economic activities in the field of mariculture.

This news signals positive changes for representatives of the aquaculture products market.

Ukraine has more than 1 million hectares of water ples, suitable for use by producers, and therefore has a great potential for increasing the production of aquatic bioresources and the development of aquaculture in general.

How should the state further promote the development of the industry?

The Verkhovna Rada of Ukraine has registered draft law No. 8119 “On Attracting Investments in the Development of the Fisheries Industry”, developed by the Ministry of Agrarian Policy and Food of Ukraine, the State Agency for Land Reclamation and Fisheries of Ukraine, and the BRDO within the framework of the USAID Program for Agrarian and Rural Development project – AGRO.

The Parliament Committee on Agrarian and Land Policy recommended adopting as a basis the text of the document aimed at ensuring the openness, publicity and transparency of the procedure for attracting investments in the development of the fisheries sector, including aquaculture.

Why is this important?

The implementation of the provisions of draft law No. 8119 will for the first time allow the state to draw up lists of specific objects to attract investments, as well as to determine the necessary investment volumes for such objects.

Equal opportunities for access to facilities, investment attraction, control and monitoring of compliance with legislative requirements, contractual legal relations will contribute to the development of the fishery industry and the growth of the economic potential and competitiveness of the production of aquatic biological resources and products from them in Ukraine.

We call on people’s deputies to support and pass draft law No. 8119.