You're reading: Ukraine, Canada may sign agreement on free trade area

The Ukrainian Economy Ministry and the Foreign Affairs and International Trade Canada have started to hold talks on the possibility of signing by the end of 2009 an agreement on the creation of a free trade area between the countries.

Ukrainian Economy Minister Bohdan Danylyshyn made the comment at a
meeting with Canada’s Minister of International Trade Stockwell Day in
Kyiv on Tuesday.

“We agreed to step up talks already this year, and hope that by the
end of this year a respective agreement will be submitted for
consideration and approval by the parliaments of our countries,”
Danylyshyn said.

Day, in turn, said that he had discussed the possibility of
extending Ukrainian-Canadian cooperation in the import of steel,
pharmacological products and mineral fertilizers. He also confirmed
Canada’s readiness to cooperate with Ukraine in the aerospace sector,
in the sphere of nuclear energy, and also to increase supplies of farm
equipment.