March 15, 2017 (Interfax) The Verkhovna Rada
has ratified the free trade area agreement (FTA) between Ukraine and Canada. Some
272 people's deputies voted for this decision on March 14. Verkhovna Rada
Speaker Andriy Parubiy after voting said he would urgently sign the document. The
agreement was signed in Kyiv on July 11, 2016. According to an explanatory note
to the document, the ratification of the agreement will promote the development
of bilateral trade and economic relations between Ukraine and Canada, will
allow Ukrainian producers to benefit from customs-free access to the Canadian
market, will open new markets for Ukrainian enterprises.
First Deputy Prime
Minister, Minister of Economic Development and Trade Stepan Kubiv said in
parliament that the results of the analysis conducted by research institutes
show that the annulment of imports duties by Canada would help Ukrainian
manufacturers of food, light, chemical, petrochemical and engineering
industries to have the best advantages on the Canadian markets. On the other
hand, the agreement would open opportunities for imports of raw materials and
advanced technologies, which would prompt Ukraine's economic growth. Full article is available at:
0 comments:
Post a Comment