FTA between Ukraine, Canada to start Aug 1 – envoy

Ukraine's Ambassador to Canada Andriy Shevchenko says a free trade area (FTA) between Ukraine and Canada will start work on August 1, 2017.

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"I hasten to let you know that the free trade between Ukraine and Canada will start on August 1. Canada has sent us a note on the completion of ratification procedures," the diplomat wrote on Twitter.

As UNIAN reported, following Ukraine, Canada completed the Canada-Ukraine FTA (CUFTA) agreement ratification procedures on June 2.

Read alsoUkraine expects to launch FTA with Canada in Aug – trade envoy As soon as the CUFTA comes into force, Ukraine will be able to boost its exports to that country by $0.6 million annually and expect additional investment in the medium term, according to the Ministry of Economic Development and Trade.

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