PM Groysman: FTA with Canada opens $500 billion market to Ukrainian businesses

13.07.2016 15:35 332

The free trade area agreement with Canada, signed this week, provides the Ukrainian entrepreneurs with access to the market with a turnover of $500 billion.

Ukrainian Prime Minister Volodymyr Groysman said this at the Cabinet’s meeting, an Ukrinform correspondent reports.

"The free trade area agreement with Canada has been signed this week. It provides the access to the market with a turnover of $500 billion. We will wait for the ratification in the Parliament. However, I call on all the ministers to already start to work in this direction," Groysman said.

The Ukrainian PM outlined the key industries, which Ukraine and Canada will be able to cooperate in.

"These include aircraft, railway, agricultural, pharmaceutical sectors. I want to draw attention of the State Fiscal Service, customs officials, representatives of sanitary control: it is necessary to prepare all the procedures so that import and export could occur in a comfortable environment. A separate question is the work of our trade missions. We need to sell Ukrainian goods abroad and direct currency into our economy," the PM added.


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