KIEV, Jan. 29 - Regions leader Viktor Yanukovych on Friday promised to seek larger volumes of trade with Russia if he defeats Prime Minister Yulia Tymoshenko in the February 7 runoff presidential elections but warned he would insist that Ukrainian-Russian trade be based on World Trade Organization principles.

"We will base all our relations on the principles of the World Trade Organization," Yanukovych said during a teleconference between Kyiv and Davos as part of the Sixth Ukrainian Lunch in the Swiss city.