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Poroshenko: Ukraine-Canada FTA to take effect right now

Staff Writer |
Ukrainian President Petro Poroshenko has said that the Ukraine-Canada free trade area agreement will take effect right now, but it will be implemented for seven years.

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"The agreement will take effect at once, but it will be implemented for seven years," Poroshenko said at a joint press conference with Canadian Prime Minister Justin Trudeau in Kyiv.

"In seven years we would fully by 99% liquidate any customs restrictions regarding the access to the markets of Canada and Ukraine," the Ukrainian president said.

He said that there are special conditions for liberalization in the agrarian sector – the tariff quotas for getting access to the markets of Canada and Ukraine will be introduced.

Poroshenko also said that Ukraine will continue negotiations on expansion of the free trade area with Canada.

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