09:20 09.05.2022

Ukraine, Canada to return to expansion of FTA Agreement, complete work on it in coming weeks – Economy Ministry

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Ukraine, Canada to return to expansion of FTA Agreement, complete work on it in coming weeks – Economy Ministry

Ukraine and Canada will return to work on expanding the Free Trade Area (FTA) Agreement and complete work on it in the coming weeks, the Ministry of Economy announced following an online meeting between First Deputy Prime Minister of Economy Yulia Svyrydenko and Minister of International Trade, Export Promotion and Small Business Canada Mary Ng.

"During the negotiations, government representatives decided to return to work on expanding the FTA Agreement between Ukraine and Canada and complete developments over the coming weeks," the ministry said on its website on Sunday.

According to Svyrydenko, Ukraine is counting on Canada's support in overcoming the food crisis provoked by the blocking of Ukrainian exports through seaports.

She said that an important step towards Ukraine could be the abolition of trade duties on Ukrainian goods by Canada following the EU and the UK.

"This will help exporters increase the volume of exports of products and thereby strengthen the Ukrainian economy and the defense of our state," Svyrydenko was quoted as saying in the press release of the ministry.

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