FTA WITH CANADA OPENS NEW OPPORTUNITIES FOR UKRAINIAN DEFENSE ENTERPRISES

Free Trade Agreement between Canada and Ukraine opens new possibilities for the development of domestic defense enterprises, expanding markets for defense products. This was stated by representatives of the SC "Ukroboronprom."

Open access to Canadian market will allow extending export contracts, enhance competitiveness of Ukrainian products in the international market of armament and military equipment, promoting production development and modernization. Possibilities of joint production of defense and dual-use products with Canada are opening up.

Abolition of a duty will allow Ukraine buying the components, required on favorable terms in Canada, which means that Ukrainian equipment with quality Canadian components will be cheaper, and the Armed Forces of Ukraine will get more units of the military equipment, in accordance with the state order. In addition, Ukrainian suppliers will have the right for a fair, non-discriminatory and predictable access to tender.

"Ukraine and Canada have a long-standing partnership in the defense sector. We are empowering transport aircraft An-132D for Saudi Arabia with turboprop engines PW150A by Pratt & Whitney Canada, using electric power units and systems by Honeywell for An-132D. Together with Canada, we modernize avionics for aircraft An-158/178 and An-124, manufactured by Canadian Esterline CMC Electronics for SE "Antonov". Now all these spares will cost significantly less, and therefore the ultimate cost of equipment will drop. The free trade agreement will bring our relations to a new level and will allow to implement a number of new mutually beneficial projects ", – stressed UOP representatives.

Ukraine and Canada aim for cooperation in the field of aviation. It is planned to increase the supply of high-tech equipment for aircraft, aerospace, shipbuilding sectors, for electronic, radioelectronic, optical, optoelectronic systems and devices. It is planned to expand the supply of components, raw materials, for aviation primarily.