CANADA, UKRAINE REACH TRADE DEAL

Jul 14, 2015

By Bob Komsic

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A new agreement between Ottawa and Kiev will see a near elimination of duties on goods coming here from Ukraine.

Prime Minister Stephen Harper announced the deal as he met with his Ukrainian counterpart, Arseniy Yatsenyk.

Harper Yatsenyuk

They huddled at a government property overlooking Meech Lake, minutes from Parliament Hill.

Once in effect, the agreement would eliminate 99.9% of tariffs on current imports from Ukraine and 86% of Ukrainian tariffs on Canadians products.

Canadian trade with Ukraine was worth $244-million last year, down from $322-million the year before.

The two leaders also discussed Russian aggression in eastern Ukraine.

Canada’s concluded free-trade negotiations with 39 countries since 2006.

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