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ARTICLE · 29 MARCH 2017

Canada-Ukraine Free Trade Agreement Implementation Act Passes Second Reading In Canada's Senate

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On March 7, 2017, BillC-31 "An Act to implement the Free Trade Agreement between Canada and Ukraine" passed second reading in Canada's Senate.

GlobalInternational Law
Cyndee Todgham Cherniak
Cyndee Todgham Cherniak
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On March 7, 2017, BillC-31 "An Act to implement the Free Trade Agreement between Canada and Ukraine" passed second reading in Canada's Senate.  Bill C-31 is now being reviewed by the Senate of Canada Standing Committee on Foreign Affairs and International Trade.  After the Report is prepared by the Standing Committee on Foreign Affairs and International Trade, Bill C-31 returns to the Senate for third reading and debate.  After third reading, the Canada-Ukraine Free Trade Agreement ("Canada-Ukraine FTA") can be ratified.

Canada has agreed to reduce most customs duty rates to "free" or 0% immediately upon implementation on goods that meet the rules of origin.  Pursuant to Chapter 2 of the Canada-Ukraine FTA, each party shall reduce or eliminate customs duties on goods originating in either party in accordance with the tariff elimination schedules in Annex 2-B.  In Article 1 of Annex 2-B, Canada agrees to eliminate customs duties on all goods in Chapters 1-97 of the

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