Ukrainian President Viktor Yanukovych on...

On Tuesday, the lower chamber of the Russian parliament, the State Duma, and the Ukrainian parliament simultaneously ratified the deal extending the lease on the Russian naval base in the Ukrainian port of Sevastopol for 25 years after the current lease expires in 2017. In return, Ukraine will receive a 30% discount on Russian natural gas.

"Did we pay too much for that? No, because the agreements reached with Moscow are mutually beneficial," Yanukovych said in his address to nation.

Yanukovych on Thursday signed into law the naval base deal ratification after it was passed in Ukraine"s parliament.

On Tuesday, the Ukrainian parliament ratified the agreement despite brawls and smoke bombs being thrown into the chamber during sessions. Opponents and supporters of the deal also clashed outside the parliament.

The Ukrainian president warned opposition members against trying to fuel a domestic conflict.

"It [opposition] is seeking to dissolve the parliament

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