Ukraine will continue its advancement along the European integration path, Ukrainian President Viktor Yanukovych said.

"Ukraine has been and will continue to pursue the path of European integration," he said in a press release posted in Vienna on Thursday after his meeting with Austrian Federal President Heinz Fischer.

The president welcomed the Ukrainian parliament's adoption of an election law on Thursday as a document that brought Ukraine closer to its goal.

"We are carrying on our course," Yanukovych stated.

Ukraine has travelled a hard road to Europe within a short period of time and impartially evaluated the work it has done, the Ukrainian president said.

"I'm confident that this inspires us to go further along this path," he continued.

It is probable that Ukraine has covered the easiest part of the way, Yanukovych said. "The further we go the more obstacles we will see, but we are not scared. We are sure that we are on the right track."

In turn, Austrian President Heinz Fischer said that the Association Agreement would have been advantageous both for Ukraine and for Europe. He said in his press release that Austria was positive the signing of that agreement would have been valuable and correct for both sides.