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Meeting between Vladimir Putin and Viktor Yanukovich

Published: December 18, 2013 | 8:30 am
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The President of Russia, Vladimir Putin, has nearly halved the official price of natural gas for Ukraine. He also decided to purchase $15 million’s worth of Ukrainian government bonds. The bilateral agreement in this regard was formalised during Mr Putin’s meeting with Viktor Yanukovich yesterday.
Gazprom will reduce its gas tariffs for Ukraine from January 2014. Meanwhile, the month-long protests on the Maidan Square in Kiev against the country’s closer ties to Russia at the expense of those with the EU are set to continue. Opposition leaders had warned Mr Yanukovich prior to his departure for Moscow that he ought not to return to Ukraine if he were to ‘sell the country out’ to the Russians.
The Russian-Ukrainian agreement has had responses from the European Commissioner for Enlargement and European Neighbourhood Policy, Štefan Füle, as well as the new Foreign Minister of Germany, Frank-Walter Steinmeier, who stated Russia has used Ukraine’s economic situation to its own advantage, which is unacceptable.

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