The two presidents signed an agreement on the presence of Russia’s Black Sea Fleet in Ukraine extending such presence for 25 more years, with an option of an additional 5-year extension after the term expires, if neither party chooses to terminate the agreement.

The two leaders discussed the pricing of Russian natural gas supplies to Ukraine. Mr Medvedev noted that the subject is indeed very important for Ukraine and that Russia is ready to review Kiev’s new proposals regarding gas prices. He suggested having this matter addressed by the respective ministries of the two nations.

The two presidents discussed bilateral cooperation issues over an informal lunch.

Dmitry Medvedev held a meeting with the permanent Security Council members.