REPORT: Ukraine Agrees To Sign EU Trade Deal

Following weeks of sometimes violent protests, reports suggest that Ukrainian President Viktor Yanukovych will reverse his U-turn on a trade deal with the European Union.

CNBC has reports that Ukraine will sign an E.U. trade deal "soon":

Earlier in the day, EU foreign policy chief Catherine Ashton - currently in Kyiv for talks with Ukraine - told reporters she believed "made it clear to me that he intends to sign the association agreement."

The trade deal is widely seen as a precursor to possible E.U. membership, and Yanukovych's unexpected rejection of the deal last month was seen as part of a new policy to looks towards Russia and its proposed "Eurasian Union."