Moscow lures Ukraine with cheap gas

By Roman Olearchyk

Moscow on Thursday tried to trump free trade talks between Ukraine and the European Union by offering its southern neighbour an $8bn 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 Kiev over free-trade and associate membership agreements, which both sides hope to finalise this year.


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