Used cars of Canadian origin to be zero-rated in Ukraine from August

REUTERS

"Let me explain: the zero duty shall be applicable to used cars of Canadian origin (that is, produced in Canada) rather than to those exported from Canada! Six car concerns have plants there ...," he wrote on Facebook.

Read alsoFTA between Ukraine, Canada to start Aug 1 – envoyAt the same time, the 7% duty rate will be applicable to new Canadian-made cars imported to Ukraine.

The new rates will take effect from August 2017 under the Canada-Ukraine Free Trade Agreement.