Canada sent a note about the completion of the ratification procedures of the agreement on free trade with Ukraine, which will enter into force on 1 August 2017. It is reported by the Embassy of Ukraine in Canada.
“The Ministry of foreign Affairs, trade and development happy to inform the Embassy about the completion of domestic procedures Canada necessary for entry into force … Thus, understanding Canada, the agreement will enter into force on 1 August 2017,” – said in a note.
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.
The main goods exported from Ukraine to Canada:
- grains, namely corn and wheat;
- natural honey;
- sunflower oil;
- ethyl alcohol Undenatured.
The imports from Canada to Ukraine are frozen fish and shellfish, and soybeans.