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Ukraine says Russian Federation won’t derail European Union trade pact

On December 8, Ukraine partially restored power to Crimea after a series of explosions damaged high voltage lines supplying electricity to the peninsula.

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President Vladimir Putin on Wednesday signed a decree suspending Russia’s free-trade agreement with Ukraine as of January 1, the same day Kiev is set to enter a similar trade deal with Brussels.

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Crimea’s Russia-backed leaders and Moscow claimed that Ukraine’s Western-backed leadership was responsible for bringing down the power lines – an allegation Kyiv has repeatedly denied. It made no mention of how long the free trade regime would be suspended.

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Asked by an Ukrainian reporter about an hour into the conference about two captured Russian military intelligence officers now on trial in Ukraine, Putin responded: “We never said there were not people there who carried out certain tasks, including in the military sphere”.

Russian Federation and Ukraine have remained locked in a tug-of-war following Moscow’s annexation of Crimea and support for insurgents in eastern Ukraine.

Russian Prime Minister Dmitry Medvedev said recently that the end of Russia’s privileged trade regime with Ukraine would in particular mean higher tariffs for different categories of goods from 3 percent to 9 percent, or 6 percent on average.

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The three men will also discuss easing visa restrictions for Ukrainians travelling to the EU. Poroshenko said he wanted to see the new rules come into effect next year.

Crimea no longer needs electricity from Ukraine. Russian electricity flows to Crimea