Published time: March 18, 2014 11:53
Edited time: March 18, 2014 12:36
Russia and Crimea have signed treaty of accession of the Republic of Crimea and Sevastopol in the Russian Federation following President Putin’s address to the Parliament.
Russia’s President Vladimir Putin requests parliament to ratify the agreement that would see both Crimea and the city of Sevastopol joining Russia.
“I ask you to consider the adoption of two new subjects of the Federation: Republic of Crimea and Sevastopol,” Putin told Parliamentarians.
Crimea was represented by Prime Minister Sergey Aksenov and Sevastopol mayor Aleksey Chaly, who signed the treaty. The two were accompanied by Crimean top official Vladimir Konstantinov.
“Since the adoption of the Russian Federation Republic of Crimea in structure of the Russian Federation two new entities – of the Republic of Crimea and the city of Federal importance Sevastopol – have been created,” the text of the treaty reads.
The document will be sent for approval to the constitutional court, and then to ratification in the parliaments of the two countries.
Crimea has already officially introduced the ruble as a second currency along with the Ukrainian hryvna, which will remain an official currency until January 1, 2016. The transition period will be acting till January, 1 of 2015.
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