April 26, 2019

Putin tells Shinzo Abe: "Let's sign peace deal this year"

14 September 2018, 06:33 | Devin Moran

Modal Trigger Xi Jinping and Vladimir Putin cook pancakes together. Reuters

Xi Jinping and Vladimir Putin cook pancakes together

"It is not a joke", Putin added, suggesting the two countries commit to solving the territorial dispute in the text of the agreement. The Japanese leader has said a deal would unlock trade and investment from Japanese companies for Russian Federation, which is isolated from Western investment because of sanctions.

Suga also said Putin had not mentioned the proposal during a summit meeting with Prime Minister Shinzo Abe on Monday.

A treaty without preconditions would leave Russian Federation in control of the disputed islands, which Russian Federation calls the Southern Kuriles and Japan calls the Northern Territories.

While Moscow has said the drills will not take place on the contested islands, Abe told Putin that Japan is "keeping a close eye on" them, according to Deputy Chief Cabinet Secretary Kotaro Nogami quoted by Kyodo.

In an attempt to break an impasse, the Abe administration has proposed bilateral economic cooperation in Russia's Far East region and joint economic activities on the Russian-held, Japanese-claimed islands as a means to pave the way for settling the decades-long territorial dispute and eventually signing a peace treaty.

Both are opposed to United States missile defense systems deployed close to their borders, which they see as tools that offset the Chinese and Russian nuclear deterrents.

This is not Putin and Xi's first foray into batter-based cooking. "Let's conclude a peace treaty before the end of this year, without any preconditions".

Soviet forces occupied the islands at the end of World War II, and the territorial dispute has prevented Moscow and Tokyo from formally ending hostilities in the war.

Putin's spokesperson Dmitry Peskov later clarified that the Japanese leader is yet to give an official reply to Putin's idea.

It has kept the two countries from signing a peace accord. "We have been negotiating for 70 years", Mr Putin said.

More than 6,000 delegates visited the Fourth Eastern Economic Forum with 100 business events, Trutnev told.

According to Russian media, Russia and China are also expected to discuss reconstruction in Syria. The move allows Alibaba to expand its presence in Russia's nascent e-commerce market, but while the statement said the new venture would be valued at $2 billion, it was not made public how much capital Alibaba had invested.

Xi said: "China has always been and is still a participant in development projects in the eastern part of Russian Federation".

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