Ukrainian Russian English
PM instructed to start work on preparations for the immediate implementation of the Free Trade Agreement with Canada after its ratification by Parliament
13.07.2016 | 12:56
Information and Communication Department of the Secretariat of the CMU

Prime Minister of Ukraine Volodymyr Groysman has instructed the Ministries to start work on preparations for the immediate implementation of the Free Trade Agreement with Canada after its ratification by the Verkhovna Rada of Ukraine.

"I want to call on today all the Ministers to immediately start work on the preparation of the implementation of the Agreement on a free trade area with Canada,"  said Volodymyr Groysman, opening a government meeting on Wednesday.

The Prime Minister has ordered First Vice Prime Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv to coordinate the work of the Ministries and departments in this issue.

He has recalled that earlier this week during the visit of Prime Minister of Canada Justin Trudeau to Ukraine it was signed the Canada-Ukraine Free Trade Agreement, which gives us access to the USD 500 billion market.

The Prime Minister pointed out that the Agreement must be ratified by the Verkhovna Rada of Ukraine.

This is the first Free Trade Agreement signed by Ukraine after the Agreement with the European Union, he noted.

Volodymyr Groysman has also stressed the need to foster dialogue with Canadian business to attract investment in Ukraine. Thus, on June 20-21 in Toronto it was held the Canadian-Ukrainian business forum, where the contacts between businesses were developed, he reminded.

The Prime Minister said that he had a substantive conversation with Prime Minister of Canada Justin Trudeau on possible areas of cooperation. According to him, Ukraine and Canada have a lot of directions for development, including: aircraft construction, railway sector, agricultural sector, IT sector, pharmaceutical market.

In this context, Volodymyr Groysman has stressed that the State Fiscal Service of Ukraine, Customs Service and other regulatory structures should immediately proceed to audit all the procedures in order to provide comfort import and export in terms of increasing trade between the countries.

The Prime Minister has also emphasized the importance of the work of trade missions abroad. "We have to sell Ukrainian products abroad and invest currency in the development of the national economy," he pointed out.

He thanked First Vice Prime Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv, the Ministry of Economic Development and Trade of Ukraine, the previous Government and other staff for their work on preparations for the signing of the Free Trade Agreement with Canada.

 

print version