Moscow tried to trump free trade talks between Ukraine and the EU by offering its southern neighbour an $8 billion annual discount on natural gas prices if it instead joins Russia, Belarus and Kazakhstan
Moscow on Thursday tried to trump free trade talks between Ukraine and the European Union by offering its southern neighbour an $8 billion annual discount on natural gas prices if it instead joins Russia, Belarus and Kazakhstan in a free-trade and customs union. The geopolitical tug of war comes amid what EU officials have described as a “critical” round of negotiations with Kyiv over free-trade and associate membership agreements, which both sides hope to finalise this year. But a day before a weeklong round of negotiations between Kyiv and Brussels were expected to conclude, a deputy chief at Russia’s state controlled gas group Gazprom said his country would treat Ukraine as a domestic consumer, cutting its gas bills by $8bn per year, if it joined the Russia-led union. “We would use the principle of profit equalisation” in respect of Ukraine if it joined, said Valery Golubev, Gazprom’s deputy chief executive. Read the story here.
The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.
Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the
www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials
contained on this site are protected by copyright law and may not be reproduced without the prior
written permission of Public Media at email@example.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal
use only. Its reproduction or distribution in any form is prohibited without a written permission of