page_title: 17 December 2013 Ukrainian–Russian action plan
hierarchical_section_title: 17 December 2013 Ukrainian–Russian action plan
caption_attribution_description: English: Russian President Vladimir Putin and President of Ukraine Viktor Yanukovych signed a joint bilateral programme of celebrations for the 200th anniversary of the birth of Taras Shevchenko in 2014.
context_page_description: The 17 December 2013 Ukrainian–Russian action plan is a de facto defunct proposed agreement between the President of Ukraine Viktor Yanukovych and Russian President Vladimir Putin 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 treaty was signed amid massive, ongoing protests in Ukraine for 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.
  The proposed agreement is de facto defunct since Russia has halted its purchase of the never issued Eurobonds since the ousting of President Yanukovich of 22 February 2014 and in April 2014, the Russian natural gas discount was cancelled.
  Since December 2015 Ukraine defaulted on the $3 billion debt payment to Russia that was part of the action plan.
context_section_description: The 17 December 2013 Ukrainian–Russian action plan is a de facto defunct proposed agreement between the President of Ukraine Viktor Yanukovych and Russian President Vladimir Putin 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 massive, ongoing protests in Ukraine for 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.
  The proposed agreement is de facto defunct since Russia has halted its purchase of the never issued Eurobonds since the ousting of President Yanukovich of 22 February 2014 and in April 2014, the Russian natural gas discount was cancelled.
  Since December 2015 Ukraine defaulted on the $3 billion debt payment to Russia that was part of the action plan.
caption: Russian President Putin and Ukrainian President Yanukovych signing a joint bilateral programme of celebrations for the 200th anniversary of the birth of Taras Shevchenko in 2014 on 17 December 2013
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