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Canada, Ukraine to ink free trade deal

Canadian Prime Minister Stephen Harper meets with Ukrainian Prime Minister Areseniy Yatsenyuk in Kiev, Ukraine, March 22, 2014.

Canada and Ukraine are scheduled to sign a free trade agreement during a visit by Ukrainian Prime Minister Arseniy Yatsenyuk to the Canadian capital, Ottawa.

Yatsenyuk and his Canadian counterpart, Stephen Harper, are slated to hold a signing ceremony in Ottawa on Tuesday, when the former is due to arrive in Canada.

“A free trade agreement between Canada and Ukraine would further strengthen our partnership and create jobs and prosperity for Canadians and Ukrainians alike,” Rick Roth, a spokesman for the Canadian Trade Minister Ed Fast, wrote in a Monday email to Canadian broadcaster CBC News.

Harper met with Ukraine’s President Petro Poroshenko in the Ukrainian capital, Kiev, on June 6 and pledged to send negotiators to conclude the agreement “as soon as possible.”

Trade between the two countries reached $192 million last year, down from $332.5 million in 2013.

The Ukrainian economy has taken a nosedive following three years of recession and over a year of conflict in the eastern parts of the country.

Ukraine’s mainly Russian-speaking regions in the east have experienced deadly clashes between pro-Russia forces and the army since Kiev launched military operations to silence pro-Moscow forces there in mid-April 2014.


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