DHAKA: The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine.

Participants at the summit talks said on Thursday, reports The Straits Times.

The deal reached after all-night negotiations in the Belarussian capital Minsk included a ceasefire that would come into effect on February 15, followed by the withdrawal of heavy weapons.

The news came as Ukraine was offered a US$40-billion lifeline by the International Monetary Fund to stave off financial collapse. 

The Minsk summit agreement offered hope for eastern Ukraine, German chancellor Angela Merkel’s spokesman said.

‘After 17 hours, negotiations in Minsk have finished: ceasefire from Feb. 15 at zero hours, then withdrawal of heavy weapons. Therein lies hope,’ Merkel’s spokesman Steffen Seibert said on Twitter.

‘We have managed to agree on the main issues,’ Russian president Vladimir Putin said. 

The four leaders had committed to respect Ukraine’s sovereignty and territorial integrity, according to a joint declaration distributed by the Kremlin.

‘The main thing which has been achieved is that from Saturday into Sunday there should be declared without any conditions at all, a general ceasefire,’ Ukrainian president Petro Poroshenko told journalists.

BDST: 1818 HRS, FEB 12, 2015

** Russia conditions unacceptable’