Russia's Medvedev says Ukraine owes Russia $16 billion - agencies


MOSCOW (Reuters) - Russian Prime Minister Medvedev said in a meeting with President Vladimir Putin on Friday that in total Ukraine owes Russia $16 billion (9.6 billion pounds), local news agencies reported.

Medvedev said that Ukraine owes Russia $11 billion because the treaty under which Russia provides Ukraine with cheap gas in return for the Sevastopol naval base was "subject to denunciation".

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