President of Ukraine Victor Yanukovych proposes to form the Ukrainian-Syngaporean Business Council for development of the state-private cooperation. This Business Council should become a ground for permanent contacts among businessmen and investors of two countries.

The press service of the head of the state disclosed to UNIAN that he said this during the meeting with Prime Minister of Singapore Lee Hsien Loong.

The sides discussed perspectives of opening of direct flights between Kyiv and Singapore and also issues of carrying of negotiations on creation of a free trade zone and introduction of  a visa-free regime.

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V. Yanukovych invited Lee Hsien Loong to visit Ukraine.