Ukraine and Lithuania show progress in their bilateral relations, President Viktor Yanukovych said at the fifth meeting of the Council of Presidents of Ukraine and Lithuania.

"We have managed to achieve a lot at the bilateral level, especially in increasing the trade turnover between our countries. This year it could reach $1 billion," he said. The President added that during the bilateral meeting with his Lithuanian counterpart they have discussed bilateral cooperation, as well as a number of strategic issues concerning Ukraine's integration into the EU and Lithuania's role in this process.

He praised the effectiveness of such means of deepening bilateral cooperation, as regular business forums and the work of the Intergovernmental Ukrainian-Lithuanian Commission on Trade-economic and Scientific-technical Cooperation. "These efforts should continue and improve," Viktor Yanukovych said. He also drew attention to the gradual improvement of agreement basis between Ukraine and Lithuania.

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