Business Council of Canada becomes partner of Canada-Ukraine Chamber of Commerce
June 22, 2022
Toronto, Ontario – The Canada-Ukraine Chamber of Commerce (CUCC) today announced it is welcoming the Business Council of Canada (BCC) as a formal NGO partner to promote increased trade and investment between Canada and Ukraine. CUCC partners in Canada already include the Canadian Chamber of Commerce and the Conference Board of Canada.
“In order to sustain their operations and help Ukraine fight war on the economic front, Ukrainian businesses are looking for new markets and partners in Canada. We are thrilled to partner with BCC and believe that together we can help Ukrainian companies looking to expand into Canada as well as to use the expertise of Canadian companies in rebuilding Ukraine”, said President of CUCC Zenon Potichny.
“The mission and mandate of the Canada-Ukraine Chamber of Commerce have never been more important,” said BCC President & CEO Goldy Hyder. “Ukraine’s economy has been described by their Ambassador to Canada, Her Excellency Yuliya Kovaliv, as the ‘third front’ in fighting Russia’s illegal invasion. Strengthening our economic ties is in both countries’ interests.”
The BCC has supported the Government of Canada’s efforts to facilitate increased trade and investment with Ukraine, including its removal of tariffs on goods imported from Ukraine. The BCC has also urged government to modernize the Canada-Ukraine Free Trade Agreement to cover trade in services as well as review and remove any needless non-tariff barriers.
“Many of Canada’s largest employers are providing financial and other humanitarian assistance to Ukraine as well as supporting displaced Ukrainians,” added Mr. Hyder. “But Canadian business leaders also want to collaborate with their Ukrainian counterparts in areas where Canadian trade and investment are needed both at this crucial time and after Ukraine’s victory.”
For additional information please contact:
Olha Mandyuk: omandyuk@cucc.c
Business Council of Canada
Founded in 1976, the Business Council of Canada is a not-for-profit, non-partisan organization representing business leaders in every region and sector of the country. The Council’s member companies employ 1.7 million Canadians, contribute the largest share of federal corporate taxes, and are responsible for most of Canada’s exports, corporate philanthropy, and private-sector investments in research and development. Through supply chain partnerships, service contracts and mentoring programs, Business Council members support many hundreds of thousands of small businesses and entrepreneurs in communities of all sizes, in every part of Canada.
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