President Volodymyr Zelensky welcomes Canada’s ratification of the Joint Audiovisual Production Agreement with Ukraine. The document will come into force on January 1, 2021.
“I thank Canada and personally the Prime Minister, Mr. Trudeau, for completing all the procedures required for this agreement to enter into force. It provides new powerful opportunities for the development of the TV and film industry in Ukraine, for the joint production of audiovisual content and distribution of projects on the international market. I am confident that this will make our bilateral cooperation even more fruitful and the ties between the people of our countries even closer,” the Head of State said.
According to the document, under the condition of joint production, Ukrainian producers will be able to apply in Canada for budget support, tax benefits and discounts on distribution. Canadian TV and film producers, who will shoot in Ukraine, will have the appropriate support.
The agreement was signed during the visit of President of Ukraine Volodymyr Zelensky to Canada in July 2019. The Verkhovna Rada ratified the document in September 2020.
