In order to facilitate trade with the digital economy, the CUFTA chapter on e-commerce requires both Canada and Ukraine not to impose tariffs or other taxes on digital products that are transmitted electronically. The department`s economic analyses, which will be conducted after full implementation, will result in a 19 per cent increase in bilateral merchandise trade between the two countries (US$64.9 million), with an increase in Canadian exports to Ukraine of USD 41.2 million. In terms of GDP, CUFTA is expected to translate into a very modest GDP gain of 0.0015 per cent ($29.2 million) for Canada and 0.0127 per cent ($18.6 million) for Ukraine. The Framework Agreement for Expanding Market Development also includes three large-scale federal programs (AgriInnovation, AgriCompetitiveness and AgriMarketing) of $1 billion under GF2, which aim to generate market-based economic growth in the agricultural sector. As part of GF2`s AgriInnovation Sustainable Science and Technology Improvement Initiative, AAFC continues to produce a series of quantifiable agro-environmental performance indicators, including annual estimates of agricultural land greenhouse gas emissions, which are published in Canada`s National Inventory Report to the United Nations Framework Convention on Climate Change. (d) the removal of barriers to trade in goods and services in order to contribute to the harmonious development and expansion of world trade and regional trade; The notices received will be provided to the EAA secretariat to inform future EAAs of trade negotiations and other related development and policy decision-making processes. Overall, the liberalization of merchandise trade under a free trade agreement is expected to strengthen Canada-Ukraine trade relations, particularly in the sectors described below. However, Canada`s trade relationship with Ukraine is very modest in the context of Canada`s global merchandise trade. This would also be the case if CUFTA created substantial growth in trade.
Therefore, given Canada`s overall environmental mitigation and improvement measures, Canada is not expected to have a significant or measurable environmental impact as a result of increased trade with Ukraine following the abolition of CUFTA tariffs. This chapter ensures that the benefits of trade and investment liberalization between Canada and Ukraine are not compromised by anti-competitive trade practices or by the designation or behaviour of monopolies and state-owned enterprises.