Ukrainian President Viktor Yanukovich has met UN Secretary-General Ban Ki-moon in Sochi to discuss the situation in Ukraine and further cooperation, the presidential press service reported.

Yanukovich said Ukraine praised the UN initiative on the political settlement, VOR informed.

"I'm grateful for your balanced and weighty position and I share your calls for showing restraint in order to avoid further tension and violence and hold a constructive dialogue," the Ukrainian president said.

"Lately we've succeeded in taking important steps towards settling the situation in Ukraine by peaceful means," Yanukovich said.

Ukrainian has also met with Russian President Vladimir Putin still neither side would confirm what was discussed during the informal conversation during the opening ceremony in the Russian city of Sochi.