In a discussion between Ukranian President Victor Yanukovych and Sri Lankan President Mahinda Rajapaksa today, Ukraine has decided that it will take part in exploration for oil in Sri Lanka. 

This agreement was reached during a meeting between both the Presidents in Kyiv, Ukraine.

"We have agreed that the Ukrainian side will support our proposals to explore for oil in our land," President Rajapaksa said at a joint press conference with Yanukovych.