July 27, 2017
Canada-Ukraine Free Trade Agreement, August 1
The Canada–Ukraine Free Trade Agreement (CUFTA) comes into effect on August 1, 2017. Products originating in Ukraine for importation into Canada and products originating in Canada for importation into Ukraine will receive preferential tariff treatment on the basis of the origin declaration.
Approximately 98 percent of Ukrainian products and 80 percent of Canadian exports to Ukraine will not be subject to duty. Some duties will be eliminated immediately with others to be phased out over a three to seven year period.
To facilitate trade in the digital economy, the CUFTA chapter on electronic commerce obliges both Canada and Ukraine not to levy customs duties or other charges on digital products that transmit electronically.
Additional information about the CUFTA:
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