Parliament of Canada ratifies Free Trade Agreement with Ukraine

Now the agreement will be sent to the Upper House of the Parliament, the Senate, and then submitted for signature to Governor General, which is the final stage for a document to come into legal force. As reported, the Free Trade Agreement between Canada and Ukraine was signed on July 11 last year during the visit of Canadian Premier Justin Trudeau to Kyiv. Once the ratification procedures are completed by the parliaments of both countries, Canada is to immediately abolish tariffs for 99.9% of Ukrainian imports. In turn, Ukraine is to immediately cancel 86% of duties on imports from Canada, for 7 years. The Verkhovna Rada, Ukraine’s parliament, is to ratify the agreement at its session in the coming weeks, according to First Vice Premier Stepan Kubiv.