Canada approved updated Free Trade Agreement with Ukraine
Canada has approved the updated Free Trade Agreement with Ukraine (photo: freepik.com)
The Senate of Canada has approved the bill in the final reading, according to its statement on Twitter.
As indicated on the Senate's website, the agreement passed the first reading in the House of Commons on October 17. It passed the Senate on February 6, 2024, and today it passed the final reading.
The agreement still needs to be ratified by Ukraine.
Free Trade Agreement
The free trade agreement between Ukraine and Canada was concluded in 2017 and allowed the countries to eliminate or reduce tariffs on most goods. In September of last year, during a visit to Ottawa, Ukrainian President Volodymyr Zelenskyy and Canadian Prime Minister Justin Trudeau signed an updated agreement, which now covers not only trade in goods but also services, investments, and telecommunications.
Earlier, we reported that the Canadian Senate approved the ratification of the Free Trade Agreement with Ukraine.
We also reported that the House of Commons of Canada approved the free trade agreement with Ukraine.
