The President of Ukraine signed the law on the introduction of electronic agricultural receipts

The President of Ukraine, Volodymyr Zelenskyi, signed the Law of Ukraine "On Agrarian Notes" (No. 9266), which was adopted by the Verkhovna Rada of Ukraine on February 22 last year. The specified law, the draft of which in the first reading was entitled "Draft of the Law on Electronic Agricultural Receipts", is aimed at expanding the mechanisms of attracting financing to agricultural production by introducing a new financial instrument for crediting agricultural production - agricultural notes in the form of non-emission securities. This norm should make a loan popular among farmers attractive to banks. Also, compared to traditional paper agrarian receipts, agrarian notes will have a significantly simplified procedure for issuance, circulation and their termination. A special register and electronic cabinet will be created for operations with agrarian notes. It will be possible to get access to it with the help of an electronic signature, which will not require an application to a ...