Public procurement and privatization. Shevchenko said, where will act in the FTA with Canada

Ratified by the Verkhovna Rada of the Agreement on free trade with Canada paves the way to further practical steps for the implementation of the document.

This was stated by Ambassador of Ukraine to Canada, Andriy Shevchenko, UKRINFORM reports.

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“For us, yesterday’s decision means the transition to the practical implementation of the free trade Agreement and get started with some basic vectors”, – he noted and added that in the near future, the Embassy plans to focus its work on three main directions of bilateral economic cooperation.

“One big area is trade missions and establishing contacts between interested businesses from Ukraine and Canada. The second area is public procurement, and third – privatization”, – said Shevchenko.

The Ambassador singled out the IT sector, pharmaceuticals, aerospace and agricultural industries, especially the processing of foods as the most promising for the canadian-Ukrainian cooperation, and noted that the Agreement contains a specific section on public procurement.

“The free trade agreement opens public procurement for Ukraine and Canada at the national level, so we are going to look, how to attract Ukrainian companies to the tenders in Canada and the canadian – to tenders in Ukraine”, – said the diplomat.

Shevchenko also reminded of a powerful signal to investors, who directs a free trade zone with Canada.

“The free trade agreement helps to show the canadian investor the benefits of entering into the Ukrainian market. It adds to our argument that the economic climate in Ukraine allows you to protect your investment and to reap its benefits,” concluded the Ambassador.

Recall, March 14, the Verkhovna Rada adopted the law on ratification of the Agreement on free trade between Ukraine and Canada. According to the document, Ukraine will develop bilateral economic and trade cooperation.

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