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Economy 2019-03-15T05:18:27+02:00
Ukrainian news
Free Trade Agreement With Canada Will Take Effect On August 1

Free Trade Agreement With Canada Will Take Effect On August 1

The free trade area agreement between Ukraine and Canada will take effect on August 1, 2017.

Ukraine's Ambassador to Canada Andrii Shevchenko wrote this on his Facebook page, Ukrainian News Agency reports.

"Friends, I hasten to let you know that the free trade between Ukraine and Canada will start on August 1! Canada has made us a present for the Day of Constitution of Ukraine. We have received a governmental note on completion of all procedures for enactment of the free trade area agreement... This is a landmark moment summarizing the colossal work of our diplomats and politicians. But this is also the start of a more important stage. It is time to fill the agreement with life - contracts, jobs and investment," he wrote.

The Ambassador notes that the Canada will abolish duties on 98% of Ukrainian goods when the agreement enters into effect.

As Ukrainian News Agency earlier reported, in May 2017, the Senate of Canada approved the agreement on free trade area with Ukraine.

On April 3, President of Ukraine Petro Poroshenko approved ratification of the agreement on free trade area with Canada.

On March 14, the Verkhovna Rada of Ukraine ratified the agreement.


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