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Ukrainian, Russian Presidents Meet to Discuss Trade, Economic Ties

Russian Prime Minister Vladimir Putin (right) with Ukrainian President Viktor Yanukovych (file photo).
The Kremlin says economic cooperation and Ukraine's participation in Russian-led regional treaties are expected to dominate talks between Russian President Vladimir Putin and his Ukrainian counterpart Viktor Yanukovych on July 12.

Russian presidential aide Yuri Ushakov said the two leaders, meeting in the Ukrainian city of Yalta, are expected to address relations in the energy, space, transport, aviation and shipbuilding sectors.

Trade turnover between Russia and Ukraine reportedly increased by 26 percent to more than $50 billion last year.

Ushakov said Ukraine's "more active" participation in regional bodies, such as the Customs Union and the Common Economic Space, will also "certainly be among the issues to be raised."

Based on reporting by Itar-Tass and Interfax