During the discussion the President of Russia and Prime Minister of Japan agreed on the priority areas for the future development of cooperation between their two countries. They include the oil and gas sector, transportation, and nuclear energy.
In addition, the Russian party welcomed further cooperation with regards to the participation of Japanese companies in the development of Siberia and the Far East.
Vladimir Putin and Yasuo Fukuda expressed their desire to simplify the visa regime between their countries. The parties agreed to intensify mutual contacts in international affairs and to continue to actively develop exchanges between youth and academics from both countries. In connection with this they stressed the need to make progress in simplifying the procedures governing travel between their countries.
Both parties emphasized the need to continue work on a peace treaty. However, they did not discuss territorial issues in detail.