: Ukraine PM Groysman tells when FTA with Canada to be signed

16:44 Jun. 24, 2016

Ukraine PM Groysman tells when FTA with Canada to be signed

Photo source: UNIAN

Canada's PM to visit Ukraine on July 9-11

Prime Minister of Ukraine Volodymyr Groysman has said that the free trade agreement between Ukraine and Canada is expected to be signed before the end of July 2016.

The two countries are getting ready to seal on July 11-12 the deal which they have been negotiating since 2014, according to Groysman who spoke at a government meeting Friday.

Read also Ukraine-Canada business forum to kick off in Toronto in June

"We are planning to sign a free trade agreement as early as next month," he said.

The Prime Minister also thanked the Ukrainian government delegation, which had paid a visit to Canada on June 20-21 to take part in the Ukrainian-Canadian business forum. "Next week [June 27-28] I will visit Germany, where meetings with the businesses will also be held. I believe that we will intensify our bilateral relations," said Groysman.

Prime Minister of Canada Justin Trudeau will visit Ukraine early July.

The free trade deal with Canada is seeking to remove trade restrictions and abolish taxes for major product groups within the grace period of 3-7 years. Once the agreement comes into force, it cancels tariffs on fish, grains, wine, juices, bakery products, as well as clothing, metal products, and electrical components. Also, the deal eliminates duties on meat, eggs, vegetables, dairy products, and construction materials, engineering products, including components for aircraft, cars and tractors. The document provides Ukrainian and Canadian companies with an opportunity to participate in public procurement in both countries.

Reporting by UNIAN.

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