At their meeting in Istanbul today, President Viktor Yanukovych and WEF founder and Executive Chairman Klaus Schwab have agreed to create a World Economic Forum expert group to focus on Ukraine, presidential press office reported.

The Global Agenda Council on Ukraine composed of government, business, science and civil society experts, will work to elaborate proposals on boosting political, economic and social development of Ukraine, promoting democracy, human rights and energy security.

The Council will function in the framework of the WEF Network of Global Agenda Councils, a wider expert body with over 1,200 members. The Network was created by the WEF to develop innovative solutions to address key global, regional and industry challenges by monitoring key trends and developing recommendations for problem-solving.

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