The law angered protesters and helped to spread unrest across Ukraine, even to Mr Yanukovych’s Russian-speaking strongholds in the east.
The protesters, closely allied to the opposition parties, targeted government buildings and have briefly occupied several ministries in Kiev.
The president began the latest round of talks on Monday evening with Fatherland leader Arseniy Yatsenyuk, Udar (Punch) chief Vitali Klitschko, and nationalist leader Oleg Tyahnybok.
In a statement on the presidential website, Justice Minister Olena Lukash was quoted as saying that a “political decision was made on scrapping the laws of January 16, which aroused much discussion”.
She also said Mr Yatsenyuk had formally rejected the post of prime minister, which was offered to him on the weekend. …
Meanwhile, top EU diplomat Catherine Ashton has brought forward a planned visit to Ukraine by 48 hours and will now arrive on Tuesday for meetings with Mr Yanukovych and opposition leaders.