Minister Fast Leads Trade and Development Mission to Ukraine
Reinforcing Canada’s commitment to Ukraine’s goals of freedom, democracy, peace and prosperity, through trade, investment and growth
July 9, 2014 - Kyiv, Ukraine - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, announced that he is leading a trade and development mission to Ukraine to build on strong people-to-people ties, further strengthen economic cooperation and create opportunities for Canada-Ukraine partnerships.
Minister Fast is in Kyiv from July 9 to 12, joined by members of Parliament James Bezan, Ted Opitz and Mark Warawa, along with nine Canadian-Ukrainian community and business representatives who share the goal of greater trade and improved social and economic conditions in Ukraine.
During his mission, Minister Fast and Canada’s delegation is advancing Canada as a strategic and supportive partner for Ukraine in energy, mining, education, aerospace, agriculture and agri-food.
Minister Fast is meeting with his counterpart, Pavlo Sheremeta, who recently announced the creation of an economic advisory council headed by Oleh Havrylyshyn of the Munk Centre at the University of Toronto and Basil Kalymon of the Richard Ivey Business School at the University of Western Ontario.
Meetings are also taking place with Yury Prodan, Minister of Energy and Coal; Ihor Shvaika, Minister of Agrarian Policy and Food; and Serhiy Kvit, Minister of Education and Science.
Canada has been steadfast in its support for the new Ukrainian government and in its opposition to Russian aggression in Ukraine. Ukraine has been identified as a priority country under Canada’s recently released Global Markets Action Plan as well as a development country of focus under Canada’s Aid Effectiveness Agenda.
- In 2014, Canada is providing $250 million to help Ukraine implement needed economic reforms and to promote democratic and social development.
- In 2013, bilateral merchandise trade between Canada and Ukraine reached $322.3 million, up 2.8 percent over 2012.
- Canada’s merchandise exports totalled $210.1 million in 2013, up $61 million over 2012. Top exports included mineral fuels and oils, fish and seafood, pharmaceuticals, meat (mainly pork) and machinery.
“My trade and development mission builds on Prime Minister Harper’s commitment to supporting Ukraine’s goals of securing a free, sovereign and democratic future.
“Our two nations, bound by our strong people-to-people ties, are partners in peace and prosperity.
“Our work together will improve social and economic conditions and create growth and prosperity in Ukraine.”
- Ed Fast, Minister of International Trade
- Global Markets Action Plan
- Global Markets Action Plan Fact Sheet: Ukraine
- Canada’s Response to the Situation in Ukraine
- Minister Fast Leads Trade and Development Mission to Ukraine
Office of the Honourable Ed Fast
Minister of International Trade
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