16:30 23.09.2009

Tymoshenko hopes for more effective cooperation with Canada after creation of free trade area

Ukrainian Prime Minister Yulia Tymoshenko has said she is confident that the signing of an agreement on the creation of a free trade area between Ukraine and Canada will help improve trade and economic relations between the two countries.

"Our cooperation could be even more effective if we manage to build a free trade area," she said at a meeting with Canada's Minister of International Trade Stockwell Day in Kyiv on Wednesday.

Tymoshenko said that Ukraine wants to cooperate with Canada in the healthcare sector, particularly with companies that produce modern medical equipment.

"Our healthcare system requires systemic reforms, so I think that cooperation between the Ukrainian government and Canadian companies that produce medical equipment could also be a priority for us," she said.

Day, in turn, said that he had already held talks with representatives of pharmaceuticals companies on the possibility of deepening cooperation with Ukraine.

Tymoshenko said that in general, Ukraine and Canada could develop their cooperation in all of the strategic economic branches.

"There's an opportunity to deepen economic relations in the farming industry, space sector, and in the sphere of nuclear energy," she said.

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