Ukraine and Russia are to reach an agreement on the gas price until the end of 2011, President Viktor Yanukovych said when speaking to the JSC Nasosenergomash plant staff in Sumy.

"The issue is very important. We are negotiating. I hope we will agree this year,” said Viktor Yanukovych.

He reminded that the gas contracts signed in 2009 were devastating for Ukraine. "The price should be fair," Viktor Yanukovych said.

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