President of Ukraine Petro Poroshenko has signed a law extending the moratorium on alienation of farmland until January 1, 2018. The presidential press service announced this in a statement, Ukrainian News Agency reports. The draft law envisages amendments to section 10 of the transitional provisions of the Land Code. As Ukrainian News Agency earlier reported, the current moratorium on alienation of farmland is effective until January 1, 2017. In the cooperation memo between Ukraine and the International Monetary Fund Ukraine commits to adopt a law on circulation of farmland by the end of 2016.