Diplomacy

Volodymyr Zelensky and Justin Trudeau signed an updated Free Trade Agreement between Ukraine and Canada

Volodymyr Zelensky and Justin Trudeau signed an updated Free Trade Agreement between Ukraine and Canada
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During the working visit of President of Ukraine Volodymyr Zelensky to Canada, bilateral documents were signed.

In particular, the Head of State and the Prime Minister of Canada signed an updated Free Trade Agreement between Ukraine and Canada.

The document will facilitate the creation of a new favorable climate for economic relations between the two countries, for the development of trade in goods and services, investment, the formation of a developed competitive market economy in line with national priorities, the development of its key industries, the implementation of systemic reforms and the improvement of the overall well-being of the population.

Also, in the presence of Volodymyr Zelensky and Justin Trudeau, a Memorandum of Cooperation was signed between Ukrhydroenergo and AECON Construction Global Services Incorporated on cooperation in the construction of hydroelectric power plants in Ukraine.

The document provides for the study of the possible participation of the Canadian AECON in the construction of Kaniv PSPP and Kakhovka HPP.

The memorandum was signed by Ihor Syrota, CEO of Ukrhydroenergo, and John M. Beck, founder and chairman of AECON Group Incorporated.

 

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