Contents tagged with Free Trade Zone

  • Canada has allocated $13 million for the development of the free trade zone with Ukraine

    Canada has allocated $13 million toward a program for the development and support of an agreement on a free trade zone (FTZ) between Ukraine and Canada.

    This was stated by the temporary controller of the program, Karim Morkos, the director of the development department of the Canadian Embassy in Ukraine, reports Interfax-Ukraine.

    "Canada is not only eliminating taxation for most Ukrainian goods, but we have also invested $13 million in the development and support of a free trade agreement. We …

  • China proposes establishing free trade zone with Ukraine

    At a forum in Kyiv devoted to developing the “Silk Road” infrastructure project in Ukraine, the Chinese ambassador, Du Wei, stated that China is initiating the establishment of a free trade zone with Ukraine and hopes that Ukraine will look into this issue as well, UNIAN reports.

    “The Chinese side has made an ambitious proposal, which is the creation of a Ukrainian-Chinese free trade area, in the hopes that the Ukrainian side will look into this issue,” he said.

    According to Du Wei, the Silk …

  • Russia Halts Transit of Ukrainian Goods

    The Russian Federation has imposed customs duties as well as a food embargo against Ukraine in an effort to protect its market from the influx of duty-free supplies entering the Ukraine from the European Union. The Ministry of Economic Development and Trade of Ukraine (MEDTU) reported that Russia has fully halted the transit of Ukrainian goods into its territory as of 4 January 2016.

    “This ban by the Russian Federation is not clear. It is unacceptable and discriminatory in nature. Therefore, …

  • Ukrainian President: Moscow will not stop us from free trade zone with EU

    The President of Ukraine, Petro Poroshenko, noted that Moscow’s disapproval  of the  free trade zone between Ukraine and the EU will be unsuccessful. He discussed this among other things in an interview with Ukrainian TV channels published December 6.

    "If someone in Kremlin wants us to ask their permission for a free trade zone with EU, it will not happen. We will not give in to any blackmail," the President said and added that the Free Trade Agreement will come into effect starting January 1 2 …