Ukrainian PM Groysman: FTA with Canada is additional tool for business development11.07.2016 11:17 487
Signing of the free trade area agreement with Canada will provide businesses in both countries with the additional investment opportunities.
Ukrainian Prime Minister Volodymyr Groysman said this in his weekly address, an Ukrinform correspondent reports.
"The Prime Minister of Canada has started his visit to Ukraine. Canada is the extremely important partner of Ukraine. The free trade area agreement with Canada will be signed today. It will provide Ukrainian businesses with opportunities of Canadian investments. I believe it is an additional tool for business development," Groysman said.
As reported, Prime Minister of Canada Justin Trudeau makes a working visit to Ukraine on July 11-12. The signing ceremony of the Ukrainian-Canadian FTA agreement is scheduled as part of his visit.
The free trade area is expected to facilitate removal of trade restrictions and complete abolition of trade tariffs on major product groups within the grace period of 3-7 years.