President-elect Viktor Yanukovych intends to seek Ukrainian membership in the Customs Union currently comprising Belarus, Kazakhstan, and Russia. The membership may have limited application since Ukraine, unlike the other Union members, is a World Trade Organization member. Customs Union membership may reduce Ukraine’s price for Russian natural gas by 20-30%.
http://www.kommersant.ru/doc.aspx?DocsID=1323799
Update of 27 Feb. 2010: Ukraine refuses to join Customs Union
http://lenta.ru/news/2010/02/27/stop/
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