Russian-Ukrainian action plan 'provides President Yanukovych and his government with breathing space' - expert

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Gazprom will sell gas to Ukraine at 268.5 dollars per 1,000 cubic meters, Russian President Vladimir Putin said on Tuesday. Also, Russia will convert 15 billion dollars worth of its National Welfare Fund - a rainy day fund - into Ukrainian securities to help it stave off financial crisis. The deal was signed after talks in Moscow between Mr Putin and his Ukrainian counterpart Viktor Yanukovych. The issue of Ukraine joining the Customs Union was not discussed during the talks. The two presidents met in Moscow to chair the Russian-Ukrainian inter-governmental commission. Our source discussed it with Lilit Gevorgyan, Commonwealth of Independent States and Russia analyst at UK-based economic organization IHS Global Insight.