Canada continued the abolition of customs duties on the import of Ukrainian goods

Canada has extended the abolition of customs duties on the import of goods from Ukraine for another year, until June 9, 2024. It is stated in a message from the Canadian government.

This will ensure the continuation of duty-free imports of Ukrainian goods to Canada, including steel and other goods subject to quotas.

The regime, introduced a year ago, temporarily cancels customs, anti-dumping and countervailing duties applied to imports of Ukrainian goods in Canada.

The continuation of duty-free import of Ukrainian goods is based on the Canada-Ukraine Free Trade Agreement (CUFTA) and its modernization, which was announced in April 2023. Since the entry into force of CUFTA on August 1, 2017, tariffs have been abolished on 99.9% of imports from Ukraine, in particular, 99.9% of industrial goods.

«Continuation of duty-free import of Ukrainian goods to Canada will support Ukraine’s efforts to rebuild its economy,» said Mary Ng, Minister of International trade, export promotion, small business and economic development.

From 2019 to 2021, Ukrainian exports to Canada averaged $170.8 million, and customs duties on these goods amounted to $2.6 million.

As GMK Center reported earlier, in April 2023, the Prime Ministers of Ukraine and Canada announced on the completion of negotiations on the conclusion of an updated agreement on free trade between the countries. The document will replace the current agreement that has been in effect since 2017. The new difference will be that the countries are expanding opportunities for enterprises that have not only Ukrainian, but also foreign components in their products. In addition, the new agreement will allow the parties everything that is not prohibited.

Also, in March 2023, Canada banned imports of aluminum and steel products from the Russian Federation. The agency clarified that the ban applies to all pig aluminum products, and all primary Russian steel products, including cast iron and unalloyed steel, semi-finished and finished products such as pipes, are also covered by the ban.

  • Global Market

Carbon prices in the EU increased by 7% in May

Carbon prices in the EU in May were characterized by volatility amid fluctuations in gas…

Sunday June 1, 2025
  • Global Market

Turkey increased steel production by 7% y/y in April

In April 2025, steel enterprises in Turkey increased steel production by 7% compared to April…

Saturday May 31, 2025
  • Global Market

EU imposes final anti-dumping duties on tinplate from China

The European Commission (EC) has announced its decision to impose final anti-dumping duties on imports…

Friday May 30, 2025
  • Companies

Poland’s JSW exceeded plans for coal production and sales in Q1

Poland's Jastrzębska Spółka Węglowa (JSW), the largest coking coal producer in the EU, has announced…

Friday May 30, 2025
  • Global Market

Turkey increased steel exports by 14.4% y/y in April

In April, Turkey increased steel exports by 14.4% y/y – to 1.2 million tons. In…

Friday May 30, 2025
  • Global Market

The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

In the first quarter of 2025, European companies almost exhausted the annual quota for imports…

Friday May 30, 2025