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| 'Chocolate King' Petro Poroshenko sworn in as President of Ukraine | 'Chocolate King' Petro Poroshenko sworn in as President of Ukraine |
| (about 3 hours later) | |
| Petro Poroshenko, the billionaire “Chocolate King” is being inaugurated on Saturday as President of Ukraine. | Petro Poroshenko, the billionaire “Chocolate King” is being inaugurated on Saturday as President of Ukraine. |
| He was elected last month with 55 per cent of the vote but concerns about the legitimacy of the election, where some polling stations were blocked by different factions, have been raised. | He was elected last month with 55 per cent of the vote but concerns about the legitimacy of the election, where some polling stations were blocked by different factions, have been raised. |
| As the first official replacement of ousted leader Viktor Yanukovych, he faces a mammoth task quelling a separatist insurgency in eastern Ukraine and tackling the country’s corruption-plagued economy. | As the first official replacement of ousted leader Viktor Yanukovych, he faces a mammoth task quelling a separatist insurgency in eastern Ukraine and tackling the country’s corruption-plagued economy. |
| Harsh statements on the pro-Russian rebels, branding them “terrorists” and promising retribution for the deaths of Government soldiers, came before bloody assaults on the insurgents that have killed hundreds. | Harsh statements on the pro-Russian rebels, branding them “terrorists” and promising retribution for the deaths of Government soldiers, came before bloody assaults on the insurgents that have killed hundreds. |
| In his inaugural address, Mr Poroshenko promised amnesty “for those who do not have blood on their hands” and called for dialogue with “peaceful citizens” in the east. | |
| “I am calling on everyone who has taken arms in their hands — please lay down your arms,” he said, according to a translator. | |
| He also called for early regional elections and promised increased powers for local governments but rejected calls for the federalisation of Ukraine. | |
| Mr Poroshenko insisted that Ukrainian would remain the only state language but promised “new opportunities for the Russian language,” without elaborating on specifics. | |
| The new President, who favours closer ties with Europe over Russia, met with Vladimir Putin in France during commemorations for the 70th anniversary on D-Day on Friday. | |
| He had already received a friendly welcome from Western leaders and vowed to work with the Russian President to “end the bloodshed” in eastern Ukraine. | He had already received a friendly welcome from Western leaders and vowed to work with the Russian President to “end the bloodshed” in eastern Ukraine. |
| Ukraine's President-elect Petro Poroshenko (left) and Russian President Vladimir Putin during an international D-Day commemoration ceremony Despite the talks, the Ukrainian President vowed not to accept Russia's annexation of Crimea. | |
| “Crimea was, is and will be Ukrainian. There will be no trade-off,” he said. | |
| Russia annexed the peninsula in march and the subsequent secession referendum was regarded as illegitimate by Kiev and some Western countries. | |
| Mr Putin has denied allegations that Russia has fomented the rebellion in the east, and he insisted that the Government needs to speak directly to rebels. | |
| The task is a far cry from the manufacturing business that made the 48-year-old’s estimated $1.6 billion (£950 million) fortune. | |
| He started his chocolate manufacturing business by importing cocoa beans into the Soviet Union in 1991 and eventually started Roshen, the foundation of a business empire that now includes ship-building and one of the country's most influential TV stations. | He started his chocolate manufacturing business by importing cocoa beans into the Soviet Union in 1991 and eventually started Roshen, the foundation of a business empire that now includes ship-building and one of the country's most influential TV stations. |
| Unlike many other Ukrainian billionaires, Mr Poroshenko did not make his money in murky post-Soviet privatisations, boosting his reputation as a “good tycoon”. | Unlike many other Ukrainian billionaires, Mr Poroshenko did not make his money in murky post-Soviet privatisations, boosting his reputation as a “good tycoon”. |
| His political career began in 1998 and he went on to hold several positions in the former President’s Party of Regions but threw his weight behind 2004’s anti-corruption Orange Revolution. | His political career began in 1998 and he went on to hold several positions in the former President’s Party of Regions but threw his weight behind 2004’s anti-corruption Orange Revolution. |
| Mr Poroshenko faced allegations of corruption himself when he stepped down as head of national security amid rumours he had used his influence to benefit another tycoon. | Mr Poroshenko faced allegations of corruption himself when he stepped down as head of national security amid rumours he had used his influence to benefit another tycoon. |
| He later returned to serve as Foreign Minister, and briefly as economics minister after Mr Yanukovych came to power in 2010 and surprised the public last year by allying himself early with the pro-European Maidan protest movement in Kiev that caused his former leader’s downfall. | He later returned to serve as Foreign Minister, and briefly as economics minister after Mr Yanukovych came to power in 2010 and surprised the public last year by allying himself early with the pro-European Maidan protest movement in Kiev that caused his former leader’s downfall. |
| He then allied with a potential rival, former boxing champion Vitali Klitschko, and endorsed him for Kiev mayor as Mr Klitschko supported him for president. | He then allied with a potential rival, former boxing champion Vitali Klitschko, and endorsed him for Kiev mayor as Mr Klitschko supported him for president. |
| Mr Poroshenko supports signing an association agreement with the European Union, but has spoken against holding a vote on whether Ukraine should seek Nato membership. | Mr Poroshenko supports signing an association agreement with the European Union, but has spoken against holding a vote on whether Ukraine should seek Nato membership. |
| Relations with Moscow should be good but equal and should not undermine Ukrainians' desire for closer ties with the European Union, he says. | Relations with Moscow should be good but equal and should not undermine Ukrainians' desire for closer ties with the European Union, he says. |
| For now, his priority will be putting a stop to the violence in the east that has killed more than 200 people in recent weeks, according to Government estimates. | For now, his priority will be putting a stop to the violence in the east that has killed more than 200 people in recent weeks, according to Government estimates. |
| Ukraine's cash-strapped Government, desperate to receive the full $17 billion (£10 billion) loan package promised by the International Monetary Fund, will have to undertake serious constitutional reforms early in his tenure as President. | Ukraine's cash-strapped Government, desperate to receive the full $17 billion (£10 billion) loan package promised by the International Monetary Fund, will have to undertake serious constitutional reforms early in his tenure as President. |
| Mr Poroshenko also faces a major hurdle in encouraging Parliament to agree to hold elections this year instead of in 2017 as scheduled. | Mr Poroshenko also faces a major hurdle in encouraging Parliament to agree to hold elections this year instead of in 2017 as scheduled. |
| If he fails, he could face the same challenges as the Orange Revolution government, which took two years to hold parliamentary elections. | If he fails, he could face the same challenges as the Orange Revolution government, which took two years to hold parliamentary elections. |
| Additional reporting by AP | Additional reporting by AP |