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What May Privatization of Land by Foreigners End Up With?

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  • What May Privatization of Land by Foreigners End Up With?

    WHAT MAY PRIVATIZATION OF LAND BY FOREIGNERS END UP WITH?

    Lragir.am
    02 June 06

    The National Assembly of Karabakh made changes to the land
    legislation, enabling foreigners to own the land they formerly could
    only rent.

    `I think this is a quite positive thing, and hence NKR offered a
    serious bid for `peaceful and creative' work. This is a significant
    step and a guideline for a country, which is living under martial
    law. Hence, we assert our readiness to meet external challenges and we
    have sufficient ground for it. At the same time, it may be
    dangerous. On the one hand, it is a necessary and justified step for a
    country which has adopted market relations. On the other hand, the
    lack of definite and tried mechanisms of self-regulation of the market
    may lead to a land market regulated by administrative methods. I am
    afraid these changes may lead to the emergence or legalization of
    latifundists.

    Whereas, the goal should be the development of farms and prosperity of
    rural communities. The experience will show one way or another how the
    land market will be developing in our country, and hopefully it will
    be possible to improve it gradually,' said Member of Parliament Gegham
    Baghdasaryan.

    Vahram Atanesyan, Chair of the Committee of External Relations, also
    thinks that these changes will not do any harm to the people of
    Karabakh. Since the area of land rented by foreigners is not great,
    these changes are not dangerous, he said.
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