“A historic moment”: Poroshenko commented on the FTA with Canada

The President of Ukraine Petro Poroshenko called the entry into force on 1 August of the agreement on free trade zone between Ukraine and Canada a historic moment for our country. This is stated in the message on his page in Facebook.

“Historic moment: all of the procedures for ratification of Agreement on free trade between Ukraine and Canada is completed,” – said the head of state.

He recalled that the agreement will enter into force on 1 August 2017.

“This is another important victory of Ukraine on the path of reforms,” said Poroshenko.

Recall that on 11 July the first Vice Prime Minister – Minister of economic development and trade Stepan Kubiv and of Canada’s Minister for international trade Chrystia Freeland put their signatures under the agreement on the introduction of a free trade zone between Ukraine and Canada.

On 25 April the Ukraine has informed Canada on the completion of the ratification of the agreement on free trade. On may 18 the Senate of Canada voted to ratify the free trade Agreement with Ukraine.

As previously stated the Deputy Minister of economic development and trade – trade representative of Ukraine Nataliya Mykolska, Ukraine intends in the next five years to increase exports to Canada 10 times.

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