Canada House of Commons Ratifies Free Trade Agreement With Ukraine - Ambassador Shevchenko

16.02.2017

Ambassador to Canada Andrii Shevchenko says that the House of Commons of Canada has ratified the Canada-Ukraine Free Trade Agreement (CUFTA).

He announced this via Twitter, Ukrainian News Agency reports.

The ambassador also stressed that a Senate decision and a Governor General signature is required to complete the ratification procedure.

"House of Commons has just voted overwhelmingly to implement new Canada-Ukraine Free Trade Agreement plus our new trade deal with Europe!" Canadian Minister of Public Safety and Emergency Preparedness Ralph Goodale twitted.

As Ukrainian News Agency earlier reported, the Ministry of Economic Development and Trade looks to a 10-fold increase in Ukrainian exports to Canada, to USD 200-300 million, before 2022.

Ukraine expects the CUFTA to be ratified in February or March.

On July 11, 2016 Ukraine and Canada signed the Canada-Ukraine Free Trade Agreement.

The Canada-Ukraine Free Trade Agreement envisages opportunities for Ukraine to supply poultry, eggs, dairy products, cheese, beef, pork, wheat and barley at zero import duty, but within the tariff quotas.


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