Solving problems of modern land relations on the way of formation of competitive agrarian production in Ukraine

The goal of the article is identification of modern problems of conduct of the land reform and ways of their solution in the context of economic consequences for development of the competitive agrarian production in Ukraine. It identifies that the main task of completion of the land reform is creation of the land market, which would ensure transition of the right of ownership on land lots to an efficient land owner. The basis of this development are farms that combine the owner and master of land in one entity. The article shows that adoption of the Draft Law "On Agricultural Land Turnover" would facilitate development of this form of management. The article identifies main problems of the moratorium on agricultural land sales, namely: land black market activity, withdrawal from market turnover of land of about USD 40 thousand million cost and, as a result, impossibility for agrarians to apply mortgage. The article identifies gaps in the legislation with respect to state control over unclaimed shares and escheats, due to which the state budget does not receive significant amounts of money. It offers ways of solution of these problems through empowering the founded Goszembank, which should become a partner and support for development of small and medium farms after withdrawal of the moratorium on agricultural land sales, with relevant authorities.