Canada-Ukraine FTA: intensive negotiation process

Source : 112 Ukraine

Canada and Ukraine will discuss direction of signing the agreement
12:17, 13 July 2015

Arseniy Yatsenyuk, Prime Minister of Ukraine, will visit Canada on July 14, 2015 to meet Canadian Prime Minister Stephen Harper. 

Discussions between the two leaders will focus on “the Putin regime's illegal occupation of Crimea, and on ways to create jobs and strengthen economic relations between Canada and Ukraine, amid global economic volatility”, according to statement by Prime Minister of Canada Stephen Harper.

Prime Minister Arseniy Yatsenyuk hope that the negotiations will move in the direction of signing the agreement. "Ukraine and Canada may sign an agreement on free trade (FTA) zone in the near future... Ukraine will sign FTA between Ukraine and Canada. Russia has closed its market for our goods, while Canada is opened for Ukrainian engineering and Ukrainian industrial goods," - noted Yatsenyuk.

Prime Minister Yatsenyuk’s bilateral visit to Canada, his first since taking office in 2014, will provide an opportunity for the leaders to reaffirm the close relationship between Canada and Ukraine and discuss ways to further cooperation.

Since Donbas conflict Canada has imposed sanctions against more than 285 Russian and Ukrainian individuals and entities associated with the Putin regime. Most recently, on June 29, 2015, Canada imposed additional economic sanctions and travel bans against three Russian individuals, and economic sanctions against 14 Russian entities, as well as an import/export ban covering illegally-occupied Crimea. 

Canada has also contributed non-lethal military assistance and significantly enhanced its bilateral assistance to Ukraine, contributed hundreds of observers to support free, fair and democratic elections and provided $400 million in low-interest bilateral loans to Ukraine. Canada is also developing and delivering military training and capacity-building programs for Ukrainian forces personnel, said Canadian Prime Minister official site. 

In 2014, trade between Canada and Ukraine reached $243.8 million. 

Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

see more