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Free Trade Agreement between Ukraine and Canada to be Finalized


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Moscow, April 11 – Ukraine’s Prime Minister Denys Shmyhal said on his Telegram channel on Tuesday that the country plans to conclude an updated free trade agreement with Canada.
Earlier, Shmyhal arrived in Canada to meet with his counterpart Justin Trudeau and Deputy Prime Minister Chrystia Freeland to sign agreements to boost economic assistance to Ukraine.
“Ukraine and Canada will enter into an updated free trade agreement. We have just signed a joint declaration on the completion of negotiations with Prime Minister Justin Trudeau. In its content, this is an exceptional agreement that will intensify our trade with Canada and create unique opportunities for Ukrainian business.”

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According to the prime minister, as a result of the signing of the document, the latest system for liberalizing the services and investment markets will be introduced. The section on digital trading will also be updated. At the same time, there will be freedom in choosing the location of equipment, open access to the Internet.
“Now Ukrainian business can export products to Canada without tariffs, even if the ingredients for that product are sourced from the EU, EFTA, Britain and Israel. This approach encourages foreign companies to establish production in Ukraine and include us in global production chains,” Shmihal stressed.
Last week, the Canadian magazine Globe and Mail reported that during the meeting, Shmyhal and Trudeau will discuss the supply of ammunition and armored vehicles to Ukraine, as well as sign agreements with a Canadian company on cooperation in the nuclear industry. According to the publication, the prime minister of Ukraine is not concerned about the lack of new military aid earmarked for Ukraine in the Canadian federal budget, and hopes Canada will provide more military and other aid in any case.
Russia has previously sent a memorandum to NATO countries over the supply of weapons to Ukraine. Russian Foreign Minister Sergei Lavrov has indicated that any shipment containing weapons to Ukraine would become a legitimate target for Russia. The Russian Foreign Ministry stated that NATO countries were “playing with fire” by supplying arms to Ukraine. Press Secretary of the President of the Russian Federation Dmitry Peskov noted that the injection of weapons into Ukraine from the West does not contribute to the success of the Russian-Ukrainian negotiations and will have a negative impact.

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