You're reading: Medvedev describes Russia-Ukraine gas contract as necessary compromise

The gas deal between Russia and Ukraine is a compromise which proves that Moscow and Kyiv are capable of reaching an agreement, Russian Prime Minister Dmitry Medvedev wrote on his page on the social network VKontakte.

“The gas contract concluded between Russia and Ukraine for the next five years is a compromise that had to be reached,” Medvedev said.

“The signing of these documents indicates that it is possible to discuss and reach an understanding even on the most difficult issues,” he said.

The Russian government and Gazprom had been working on settling the problem with Ukraine for quite some time, both in the bilateral format and in the trilateral format involving the European Commission, Medvedev said.

“All problems have been solved, and mutual claims have been dropped. Russian gas transit via Ukraine will continue on terms acceptable for all sides,” he said.