"I want to confirm that I'm running for President," Klitschko told the country's Parliament on Thursday, a Chinese state-run news agency reported.

Klitschko's announcement came shortly after Ukrainian Parliament passed a controversial bill, which may force the boxing star out of the Presidential race.

Klitschko, who resides in Germany, is facing the risk of being disqualified from the elections in March 2015, as the candidates for Presidency are required to stay in Ukraine for ten years.

The 42-year-old boxer and the leader of Udar party with 42 seats in Parliament started his political career in 2005 in the Kiev mayor elections.

(Agencies)

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