On December 8, the leaders of Russia, Ukraine, and Belarus secretly met in Belavezhskaya Pushcha, in western Belarus, and signed the Belavezha Accords, which proclaimed the Soviet Union had ceased to exist and announced formation of the Commonwealth of Independent States (CIS) as a looser association to take its place.
Zaytsev settled in Kiev, where he studied at a textile university before obtaining employment as an engineer. He rose to become the director of a textile factory in Kiev and remained in that city until he died on 15 December 1991 at the age of 76, eleven days before the dissolution of the Soviet Union.
On December 17, 1991, along with 28 European countries, the European Economic Community, and four non-European countries, the three Baltic Republics and nine of the twelve remaining Soviet republics signed the European Energy Charter in the Hague as sovereign states.
On December 19, as the intensity of the fighting increased, Croatia won its first diplomatic recognition by a western nation—Iceland—while the Serbian Autonomous Oblasts in Krajina and western Slavonia officially declared themselves the Republic of Serbian Krajina.
Doubts remained over whether the Belavezha Accords had legally dissolved the Soviet Union, since they were signed by only three republics. However, on December 21, 1991, representatives of 11 of the 12 remaining republics – all except Georgia – signed the Alma-Ata Protocol, which confirmed the dissolution of the Union and formally established the CIS. They also "accepted" Gorbachev's resignation. While Gorbachev hadn't made any formal plans to leave the scene yet, he did tell CBS News that he would resign as soon as he saw that the CIS was indeed a reality.
The President of the United States George H.W. Bush held a brief televised speech officially recognizing the independence of the 11 remaining republics.
On the night of December 25, at 7:32 p.m. Moscow time, after Gorbachev left the Kremlin, the Soviet flag was lowered for the last time, and the Russian tricolor was raised in its place at 11:40 pm, symbolically marking the end of the Soviet Union.