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Ukrainian Trade Representative: Canada to eliminate 98% duties for Ukrainian exporters
22.07.2015 10:14 "Agro Perspectiva" (Kyiv) —
The Free Trade Agreement between Canada and Ukraine (CUFTA) provides our country with more preferences, Government Portal says quoting
Natalia Mykolska, Deputy Minister of Ukrainian Economic Development and Trade, Ukrainian Trade Representative, told on air of Espresso TV channel.
As to her, an important role in achieving preferable conditions for Ukraine was played by our former compatriots.
«The Ukrainian Diaspora in Canada was saying that the Deal should be asymmetric and provide more benefits for Ukraine, more transition periods to adapt to the conditions of a free trade with Canada,» Mykolska explained.
As to her, now it is too early to make certain forecasts, but the huge Canadian market poses interest for our businessmen. Canada would eliminate 98% of its import duties for Ukrainian exporters once the Agreement enters in force. Ukraine, for its part, cancels only about 80%. That is our producers would gain larger access to the Canadian market.
«We are fascinated to export to Canada processed foods. Here belong sunflower oil, beer, alcoholic and non-alcoholic beverages, confectionery and many agricultural commodities, which we traditionally export», urged the Deputy Minister.
As to the experts of the Ukrainian Ministry of Economic Development and Trade , export gains would be broad-based with products having high added value.
As for the industrial goods, the Agreement stipulates abolition of 99.9% of duties.
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