KIEV, Jan. 25 – New Russian Ambassador to Ukraine Mikhail Zurabov has presented to Ukrainian Foreign Minister Petro Poroshenko copies of his credentials, which are addressed to Ukrainian President Viktor Yushchenko.

Poroshenko said after receiving the copies that there is great potential for Ukrainian-Russian cooperation.

"We have a great deal of routine work that should bring our trade and economic cooperation at least to the level of 2008, when our mutual trade totaled over $40 billion," he said.