“I will stress: hard work lies ahead to create conditions for reaching mutually acceptable solutions,” Putin said, speaking about the prospects for signing a peace treaty.
He said the discussion of the peace treaty prospects with Abe had taken much time earlier in the day. After talks with Abe Putin said the treaty's terms must be acceptable to both nations and should be supported by them.
Putin went on to say that Russia and Japan note positive tendencies in economic cooperation, but a qualitative shift has not yet occurred.
"If we talk in general, then Russia-Japan economic cooperation is moving positively, there are obvious achievements. However, in our common opinion with Mr. Shinzo Abe, there has not been a qualitative shift yet, and the potential of cooperation between the two countries is not fully used," Putin told reporters following talks with the Japanese prime minister.
He stressed further that Russia and Japan could increase trade turnover by 50 percent to $30 billion.
Commenting on the negotiations with the Japanese prime minister, the Russian leader said that they were held in a businesslike and constructive atmosphere.
Abe Shed Light on Recent Talks
Shinzo Abe said Tuesday after negotiations with Russian President Vladimir Putin that they had spoken openly about the peace treaty the two countries have yet to sign and welcomed the start of the negotiations on it.
"President Putin and I discussed peace treaty today, without hiding anything from each other, and spent a lot of time on that. President Putin and I welcome the fact that detailed discussions began last week between our foreign ministers," Abe said.
On Future Cooperation and Talks
Later in the day, Kremlin spokesman Dmitry Peskov also voiced his insights on Russia-Japan relations saying that it was necessary to build mutual trust through the development of trade and economic cooperation, as it will allow to move forward on the issue of concluding a bilateral peace treaty.
"It is necessary to improve the atmosphere of mutual trust. The best way to do this is to develop trade and economic cooperation in every possible way and in all possible areas," Peskov told reporters following talks between Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe in Moscow that continued for three hours.
Peskov stressed that "this atmosphere will allow achieving progress on the main issue [the peace treaty]."
The spokesman added that new rounds of talks between Moscow and Tokyo will be held in the future.