Ukrainian Prime Minister Yulia Tymoshenko said Friday that Ukraine shares lots of common ground with Russia on many international issues and there is no dispute between the two countries that could not be resolved through dialogue.

Tymoshenko met with her Russian counterpart Mikhail Fradkov on the sidelines of a Commonwealth of Independent States (CIS) summit held in the Georgian capital Tbilisi on Friday.

Tymoshenko said there is great potential for cooperation between Ukraine and Russia.

The Ukrainian prime minister said she is optimistic that the talks to be held between the two countries will help resolve the existing issues and substantiate plans for bilateral economic cooperation.

Fradkov said that an early take-off of Ukraine's economy will be to a great extent in the interest of Russia as well.

As neighbors, the confrontation between Russia and Ukraine will be "of no significance," said the Russian prime minister.

Tymoshenko had planned to visit Russia on April 15-16, but the visit was postponed because of her country's spring sowing campaign and other issues.

Tymoshenko said her visit to Russia is expected to take place before the end of summer.

Last September, a Russian military court issued an arrest warrant for Tymoshenko on charges that she tried to bribe Russian military officials when she was in charge of Ukraine's electricity grid. Tymoshenko denied the charges.

Russia backed incumbent Ukrainian President Viktor Yushchenko's opponent during last year's presidential elections in Ukraine.

Yushchenko's installment to power has changed the country's original orbit around Russia and the new Ukrainian government has announced its intentions to join the European Union and the North Atlantic Treaty Organization.

Source: Xinhua