Outgoing US Secretary of State Colin Powell said on Wednesday that the United Stated did not look for a contest with Russia over the poll result of Ukraine.

Powell said he had a "good" conversation with Russian Foreign Minister Sergei Lavrov and both the United States and Russia are interested in finding a solution to the Ukrainian crisis.

"What we are trying to do now is to use diplomacy and use political actions to resolve this. We are not looking for a contest with the Russians over this," Powell said.

Powell did not go into any specifics of any possible solution to the Ukrainian election crisis.

"One suggestion that has been made is another election, but there are other suggestions out there. This is the time for all alternatives to be examined carefully, to be examined in light of the law. And hopefully the parties, acting reasonably and doing everything to avoid any use of force, can find a way forward," Powell said.

Powell's comments came after Ukraine's Central Election Commission on Wednesday declared incumbent Prime Minister Viktor Yanukovich the winner of the presidential election.

Commission head Serhiy Kivalov said that Yanukovich has won 49.46 percent of the vote and the opposition leader Viktor Yushchenko gained 46.61 percent.

Ukrainian opposition leader Viktor Yushchenko has claimed that he was denied victory in the presidential poll by fraud and declared himself president on Tuesday during an emergency parliament session attended by his supporters.