Putin: We stand by Ukraine commitments

2014-01-29 05:30
Russian president Vladimir Putin. (Georges Gobet, AFP)

Russian president Vladimir Putin. (Georges Gobet, AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Brussels - Russian President Vladimir Putin insisted on Tuesday that Moscow would fulfil its economic commitments to Ukraine, even if the country's leadership were to change.

Both sides acknowledged that wide-ranging differences remain between them over the unrest in Ukraine following its decision to turn toward Russia for a bailout loan instead of signing a deal with the European Union. But Putin and the bloc also stressed that economic interests would force them to look for a common future.

They spoke after a summit that had been scheduled to occur over two days but was reduced to one day only by a mutual agreement.

Putin said his main concern in Ukraine is to protect Russia's financial commitments, not geopolitical concerns regarding the former Soviet republic's future.

Putin once promoted closer ties between Russia and the EU, but the dispute over Ukraine cooled their relations. After Ukraine President Viktor Yanukovych refused at the last moment to sign a trade pack with the EU in November, the EU was harshly critical of Russia, saying it had used threats to keep the former Soviet republic in its grip.

On Tuesday, the Russian leader said his country will abide by the agreement providing credits and cheaper gas to Ukraine - a deal worth $15bn - even if the government is led by the opposition, which wants close relations with the EU.

"Will we revise our agreements on credits and energy if the opposition comes to power? No we won't."

In Kiev on Tuesday, the prime minister resigned and parliament repealed anti-protest laws that had set off violent demonstrations, significant concessions to the opposition's objections to Ukrainian President Viktor Yanukovych's decision regarding the EU.

Putin said Ukraine has gas debts dating back to August totalling $2.7bn and has asked to delay the payments, adding he only learned on Tuesday that Ukraine has asked to put off payments even for gas delivered this year at the lower price.

Ukraine is struggling through an economic downturn and its heavy industry in the east is dependent on natural gas supplies from Russia.

Russia had refused to offer better terms as long as Ukraine was turning its back on Moscow and seeking closer ties with the EU.

The EU has insisted that Russia has used financial incentives and undue pressure to turn Ukraine away from Europe.

- AP

Read more on:    vladimir putin  |  russia  |  ukraine
NEXT ON NEWS24X

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Inside News24

 
 
Traffic
Lottery
 
  • Wednesday Newlands - 13:00 PM
    Road name: M3 Southbound
    SLOW TRAFFIC approaching the Newlands Avenue exit
  • Wednesday Bakoven - 12:59 PM
    Road name: Victoria Road Northbound
    DELAYS between Oudekraal and Bakoven
 
More traffic reports...
 

Jobs in Cape Town [change area]

Jobs in Western Cape region

Junior Developer

Western Cape
Progressive IT Resourcing (Pty) Ltd
R15000 - R20000

Transformation Specialist

Western Cape
Definitive Recruitment
Market Related

Digital Web Master

Western Cape
O'Brien Recruitment
R25000 - R30000

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now!

Kalahari.com - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on kalahari.com. While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as kalahari.com’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Samsung Galaxy S III 16GB

There are no straight lines in nature. The Samsung  GALAXY...

From R3525.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

You may find yourself fascinated by something which could draw you in to obsessively exploring this subject in depth....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.