The talks focused primarily on increasing and diversifying trade and economic cooperation.
Among the promising areas for cooperation discussed were the energy sector, ensuring energy security, the oil and gas sector, the peaceful use of outer space and space technology, civil aviation, industry, the prevention and cleanup of natural and industrial disasters, military and military-technical cooperation, and tourism.
The talks also looked at expanding the legal foundation for relations between the two countries. In particular, discussions looked at stepping up work on draft agreements encouraging and protecting investment, a memorandum of understanding on technical cooperation in the oil and gas sector, a memorandum of understanding on fisheries cooperation, and an agreement on air transport links.
The talks ended with the adoption of a joint declaration that outlines plans to considerably increase trade between the two countries and make more effective use of existing potential. The talks also resulted in the signature of seven intergovernmental and inter-agency agreements.