Ukraine has been actively pursuing preferential trade agreements with various countries to boost its economy and trade relations. These agreements aim to reduce tariffs and promote the exchange of goods and services between countries, thereby increasing economic growth and development.

One of the most significant preferential trade agreements Ukraine has entered into is the Deep and Comprehensive Free Trade Agreement (DCFTA) with the European Union (EU) in 2014. This agreement aimed to strengthen economic ties between Ukraine and the EU by eliminating tariffs on most goods traded between them. It also included provisions on the protection of intellectual property rights, investments, and public procurement.

The DCFTA has been beneficial for Ukraine`s economy, as it has increased trade with the EU and provided access to a market of over 500 million people. Ukraine has seen an increase in exports to the EU, particularly in agriculture and manufacturing. The agreement has also encouraged foreign investment in Ukraine, particularly in the energy and infrastructure sectors.

Ukraine has also signed a preferential trade agreement with Canada, known as the Canada-Ukraine Free Trade Agreement (CUFTA), in 2017. This agreement aims to remove tariffs on the majority of goods traded between Canada and Ukraine and provide access to new markets for both countries. It also includes provisions on labor rights, environmental protection, and intellectual property rights.

The CUFTA has been a significant development in Ukraine`s trade relations with North America and has opened up opportunities for Ukrainian businesses to export to Canada. The agreement has also increased Canadian investment in Ukraine, particularly in the agricultural and technology sectors.

In addition to these agreements, Ukraine has signed several other preferential trade agreements with countries such as Turkey, Israel, and Switzerland. These agreements aim to increase trade and investment opportunities for Ukraine and provide access to new markets.

In conclusion, Ukraine`s pursuit of preferential trade agreements has been an essential strategy in boosting its economy and trade relations. These agreements have opened up new markets for Ukraine, increased exports, and attracted foreign investment. As Ukraine continues to develop its economy, it is likely to seek further preferential trade agreements that will benefit its economy and bilateral relations with other countries.