Ukrainian Ambassador Vadym Prystaiko: Intellectual Property Rights

intellectual property rights: Nearly $315 million in trade and services occurs between the two countries every year. A free trade agreement could benefit Canadas banks, the intellectual property rights sector and the oil and gas industry, according to The Star. The letter implied Canada was dissatisfied with Ukraines attempt to renegotiate hundreds of tariff reductions at the World Trade Organization and unless changes were made, free trade talks would not proceed, said Prystaiko. Most of the 371 tariffs in dispute have to do with agriculture and After three years of talks and five rounds of negotiations, the Canadian government suddenly suspended free trade negotiations with Ukraine leaving a nearly complete deal in limbo, charges Ukrainian Ambassador Vadym Prystaiko. But suddenly in June, after rounds of meetings in Kyiv, Ottawa and Geneva, International Trade Minister Ed Fast fired off a letter to his Ukrainian counterpart saying the talks were essentially over, Prystaiko said. (www.immigrantscanada.com). As reported in the news.