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About: 17 December 2013 Russian–Ukrainian action plan     Goto   Sponge   NotDistinct   Permalink

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The 17 December 2013 Russian–Ukrainian action plan was a de facto defunct proposed agreement between the Russian President Vladimir Putin and former Ukrainian President Viktor Yanukovych publicized on 17 December 2013 whereby Russia would buy $15 billion of Ukrainian Eurobonds to be issued by Ukraine and that the cost of Russian natural gas supplied to Ukraine would be lowered to $268 per 1,000 cubic metres (the price was more than $400 at the time). The treaty was signed amid the escalating Euromaidan movement which sought closer ties between Ukraine and the European Union. The interest rate on the loan would be renegotiated every three months, based on a verbal agreement between the two leaders.