International Trade Minister introduces legislation in Parliament to implement Canada-Ukraine Free Trade Agreement

Date: November 8, 2016
Subject: International Trade Minister introduces legislation in Parliament to implement Canada-Ukraine Free Trade Agreement
Canada’s Minister of International Trade, introduced legislation in the House of Commons to implement CUFTA. The legislation will be subject to all required stages of the legislative process. Canada is committed to the timely ratification of CUFTA so Canadians and Ukrainians alike can take advantage of its benefits as soon as possible.

When CUFTA enters into force, Canada will immediately eliminate duties on 99.9 percent of imports from Ukraine. Similarly, Ukraine will eliminate tariffs on approximately 86 percent of Canadian exports, with the balance of tariff concessions to be implemented over a period of up to seven years. CUFTA will thus eliminate essentially all tariffs on goods currently traded between Canada and Ukraine.

Additional information on this agreement can be found at the Foreign Affairs website. Click here

For Additional information, please contact your local Delmar representative

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