(VOVworld) – Ukraine’s parliament on Friday approved a law to reinstate the 2004 constitution, which will limit President Viktor Yanukovych’s power and increase the power of law-making agencies.

The Ukrainian government and opposition signed an agreement to end the 3-month crisis (Photo: dw.de)

The document was approved immediately after Yanukovych and opposition leaders signed a deal to end the 3-month crisis. The parliament also approved amnesty for all detained protesters.

The international community has hailed the agreement signed by the Ukrainian government and opposition. UN Secretary General Ban Ki Moon welcomed the cooperative attitude of the Ukrainian government and the opposition, calling it an important step to help the country stabilize quickly.

President of the European Council Herman Van Rompuy described the deal as a necessary agreement to push dialogue towards peaceful measures to solve the crisis in Ukraine. European Parliament President Martin Schulz affirmed that new developments in Ukraine opened hopes and will help the country avoid a scenario of escalating violence. NATO Secretary General Anders Fogh Rasmussen urged all relevant parties to promptly enforce the document to restrain violence and cooperate for the sake of the nation’s future. The administration of US President Barack Obama welcomed the deal but said it will be ready to impose new sanctions on Ukraine if necessary.