< Back
Free trade deal between Ukraine and Canada will take effect on July 1
Jun 26, 2024
The updated free trade agreement between Ukraine and Canada (CUFTA) comes into force on July 1. This was reported by the Ministry of Economy of Ukraine.
"This is, without exaggeration, a historic event, as this agreement is one of the most modern in the world. This is the first agreement that clearly shows that Ukraine shares the trade agenda of Canada, the United States, the EU, Japan, and our other partners," Svyrydenko said.
The agreement preserves the market access conditions for goods from the 2017 agreement and has been updated to include sections on investment, services, and inclusive trade.
The First Vice Prime Minister and Minister of Economy of Ukraine, Yulia Svyrydenko, and the Minister of Export Promotion, International Trade, and Economic Development of Canada, Mary Ng issued a joint statement on the agreement update.
Author - Serhii Kolomiets, 27/06/2024
