Business news from Ukraine

RADA RATIFIES FTA AGREEMENT BETWEEN UKRAINE AND CANADA

14 March , 2017  

KYIV. March 14 (Interfax-Ukraine) – The Verkhovna Rada has ratified the free trade area agreement (FTA) between Ukraine and Canada (No. 0120).

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.