Minister Ng Announces Updated Canada-Ukraine Trade Deal

Global Affairs Canada

The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today issued the following statement regarding the royal assent of Bill C-57, An Act to implement the 2023 Free Trade Agreement between Canada and Ukraine:

"Canada strongly condemns Russia's ongoing war of aggression against Ukraine and continues to take action in support of Ukraine.

"Receiving royal assent is an important step toward implementing the modernized Canada-Ukraine Free Trade Agreement (CUFTA) and an example of Canada's unwavering commitment to Ukraine and its people.

"The modernized CUFTA will advance open, predictable and inclusive trade, increase transparency, reduce costs for businesses and support Ukraine's economic recovery and long-term prosperity. The agreement strengthens our trade relationship, encourages innovation and fosters economic growth for Canadians and Ukrainians alike, creating good jobs and local benefits.

"When Ukraine wins the war, Canadian businesses and exporters will be ready to rebuild because our modernized free trade agreement will have put the right frameworks in place."

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.