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Canada gains expanded beef and pork market access to Ukraine

Xinhua, January 12, 2016 Adjust font size:

Ukraine has approved beef and pork exports from Canadian establishments that are federally registered and meet certification requirements, according to the Canadian Ministry of International Trade Monday.

"Our government is pleased that the Ukrainian market has opened to more Canadian beef and pork producers. Ukraine is an important market for Canadian exporters and the recently concluded Canada-Ukraine Free Trade Agreement is a testament to the strengthening economic relationship between our two countries," Canadian Minister of International Trade Chrystia Freeland said in an announcement.

Following a successful inspection last September by Ukrainian officials, 15 additional Canadian beef and pork establishments are now eligible for export, bringing the current total to 27.

In July 2015, Canada and Ukraine successfully concluded negotiations toward the Canada-Ukraine Free Trade Agreement (CUFTA). Canada and Ukraine are currently undertaking a legal review of the negotiated text, and once signed, the two sides can undertake their respective domestic implementation processes.

Once fully implemented, the CUFTA will result in the elimination of all non-agricultural tariffs and the vast majority of Ukraine's agricultural tariffs, including on Canadian beef, certain pork, pulses, grains, fish and seafood, canola oil, processed foods and animal feed. --Copied from Marketwire

The trade volume between Canada and Ukraine averaged 293.3 million Canadian Dollars (some 220 million U.S. dollars) from 2012 to 2014, and is expected to expand by 19 percent as a result of CUFTA's implementation. Endi