President of Ukraine Viktor Yanukovych has held talks with President of the Republic of Singapore Sellapan Ramanathan. During the talks sides have discussed inter alia Singapore's experience of reform and mutual investments. 

During the meeting the Ukrainian Head of State said: "Your rapid progress has shown the world how to build a new economy having virtually no resources. Therefore, our country is very interested in the experience of reforms, which Singapore conducts, and the successful path that you have walked already. 

Viktor Yanukovych said Ukraine has returned to pragmatic policy, noting that we seek to establish normal and mutually beneficial relations with all countries. 

"Business environment in Singapore favors business development and we would like to borrow a little of this atmosphere for Ukraine," he said. 

Nowadays, he said, Ukraine is following a new road of development; there is political stability in the country, which enables reforms. 

For his part, President of Singapore Sellapan Ramanathan said: "I hope your visit will initiate a new period of development of relations between Ukraine and Singapore. He wished the President of Ukraine success in implementing reforms, and expressed hope for the success of a business forum to be held tomorrow, and that Singaporean companies will help Ukraine in the implementation of national projects. 

Viktor Yanukovych has also invited the President of Singapore to visit Ukraine.

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