Ukraine and Canada Sign Free Trade Agreement
Monday, 11 July 2016, 13:25
Ukraine and Canada signed a Free Trade Agreement (CUFTA), Ukraine Economy Ministry tweeted. It was initialed last year.
Історичний момент - Степан Кубів та Христя Фріланд підписали Угоду про ЗВТ між Україною та Канадою 🇨🇦🇺🇦 #cufta pic.twitter.com/3YQo5nC13h
— Мінекономрозвитку (@mineconomdev) 11 липня 2016 р.
President Poroshenko stated that it would come into effect immediately, however, the implementation will take up to seven years.
Advertisement:
The Agreement will ease market access and make the trade regime clearer, Canadian PM Justin Trudeau highlighted: "All trade barriers will be gradually eliminated. The FTA will create new opportunities in terms of new jobs, new markets and economic growth in both countries," Trudeau summarized.
Source: Ekonomichna Pravda
Advertisement:
