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Germany, France, Russia and Ukraine agreed to a deal that offers a "glimmer of hope" for an end to fighting in eastern Ukraine. The deal envisages a ceasefire between Ukrainian forces and Russian-backed separatists, followed by the withdrawal of heavy weapons from the front line and constitutional reform to give eastern Ukraine more autonomy. It is likely to ease pressure in the US for Washington to send military aid to the stretched Ukrainian army, and from some in Europe for tighter sanctions against Moscow, due to be discussed at a European summit later. The agreement could also help protect Putin from any fallout from the deaths of Russians in the fighting, said by Ukraine to be soldiers. Moscow says they are volunteers.
The gains made by the leaders in these marathon talks cannot be ignored. They have hammered out a settlement. While it is not comprehensive, it is certainly wide ranging with benefits for both the Ukrainian government and the Russia-backed forces. Much will now depend on how well the various parties involved work towards implementing the accord. While the immediate focus will be on aspects of the ceasefire, the withdrawal of heavy weapons and exchange of prisoners, the pact also lays emphasis on beginning a dialogue on the holding of local elections. The political process will provide a voice to the people and help restore normalcy. The recently announced $17.5 billion aid package from the IMF too will assist the Ukrainian government in achieving its various social and developmental objectives. The challenges are many, and perhaps the best thing about the Minsk accord is the low expectations it has generated. Various powers have cast a covetous eye on one of the largest producers of food grains and a major industrial nation that Ukraine is. It has learned to survive and now it needs its survival skills more than ever before.
By: Vishal ProfileResourcesReport error
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