Ukraine and Serbia will begin work to prepare a free-trade agreement, President Viktor Yanukovych said in a statement following the Ukrainian-Serbian negotiations.

"We agreed that we start the procedure of preparation of a free-trade agreement between our countries," he said.

He expressed the belief that the official visit of his Serbian colleague to Ukraine gave a qualitatively new impetus to the comprehensive development of Ukrainian-Serbian relations. " It provided the strengthening of partnership between Ukraine and Serbia in the questions of strategic importance for our countries and became a significant step in strengthening the traditional friendship between the peoples of our countries,"  said Viktor Yanukovych.

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