Canada and Ukraine sign free trade area agreement

With its entry into force, Canada will open its market for 98% of Ukrainian goods
Canada and Ukraine sign free trade area agreement
11 July 16:07 2016 Print This Article

Ukraine and Canada have signed a free trade area agreement, reports RIA Novosti on Monday.
The document was signed by the Minister of International Trade of Canada Christa Freeland and Deputy Prime Minister of Ukraine Stepan Kubiv in the presence of Ukrainin President Petro Poroshenko and Canadian Prime Minister Justin Trudeu who is staying with a two-day visit in Kyiv.

“This extremely important document would take our trade and economic relations to the new level,” Mr Kubiv wrote on his Fb page before the signing of the agreement.

Ukraine and Canada were holding negotiations on the FTA since September, 2014. In July, 2015, the two countries signed an agreement on the completion of the negotiations.

The document provides for the development of economic and trade cooperation between the two countries, in particular, what concerns trade in industrial and agricultural goods, protection of intellectual property and public procurement issues.

Canada will open its market for 98% of Ukrainian goods as soon as the agreement entry into force.

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