Wednesday, June 16, 2010

Canada-Ukraine Free Trade Negotiations Underway

(CIFFA eBulletin)

The Minister of International Trade, met on Tuesday with Ukraine’s ambassador to Canada to discuss the free trade negotiations between Canada and Ukraine. The first round of negotiations took place in Kyiv from May 17 to 21. They discussed issues of mutual interest, such as trade in agriculture and energy, and the Canada-Ukraine Business Forum that took place in Edmonton from June 10 to 14. They also welcomed the progress made toward a free trade agreement.

Ukraine is one of the largest countries in Europe, and home to a highly educated population of 46 million, a diversified industrial base and substantial natural resources. A free trade agreement with Ukraine could further open markets for Canadian exports, ranging from agricultural and seafood products to machinery and pharmaceuticals. An agreement could also help to address non-tariff barriers. The next round of negotiations is expected to take place in the fall.