Ukraine and Canada are interested in creating joint ventures and exporting their products to the EU on their territory. This was told by the Deputy Minister of Economic Development and Trade of Ukraine Natalia Nikolskaya, according to the Main with reference to UKRINFORM.

Ukraine can become a production hub for the Canadian companies on the European continent. Free trade agreements between Ukraine and Canada and Ukraine and the EU open the way to the production of goods and services on the territory of Ukraine, their supply both back to Canada and to the territory of the European Union, "said Nikolskaya.

She added that Canada, in turn, could become a "North American hub" for Ukrainian businesses,.

According to her, Ukrainian business should look at the Canada-Ukraine-EU triangle "in a more practical way".

The Free Trade Agreement between Canada and Ukraine entered into force on August 1 of this year. Canada immediately canceled 98% of duties on Ukrainian goods, which will be sold to Canada. For Canadian goods, 72% of duties are immediately abolished, and within 7 years duty-free exports will increase to 98%. The agreement also opens the markets of state purchases. Separate sections of the document protect electronic commerce and intellectual property.