Poroshenko on FTA with Canada: It's not just a trade agreement
"Yes! Today the free trade agreement between Ukraine and Canada comes into force," he wrote on his Facebook page on Tuesday.
According to Poroshenko, this document opens up a window of colossal opportunities for Ukrainian businesses - in trade, government procurement, and e-commerce.
But, he said, it is much more important than just a trade agreement.
"This is an eloquent and symbolic gesture of support, a wonderful manifestation of a special partnership that gets stronger between our states - far away geographically, but so close in terms of spirit, values and aspirations," he wrote.
"I sincerely congratulate Ukraine and Canada on a new page of our relations," Poroshenko added.
As Ukrinform reported, the free trade agreement between Canada and Ukraine was signed on July 11 last year during a visit by Canadian Prime Minister Justin Trudeau to Kyiv.
It enters into force on August 1 this year. After that, Canada will immediately cancel customs duties on 99.9% of Ukrainian imports. Ukraine, in turn, will also cancel 86% of customs duties on imports from Canada, bringing customs policy to parity within seven years.
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