Russia's Putin says his Japan peace treaty proposal was no joke

Japan's Prime Minister Shinzo Abe and Russia’s President Vladimir Putin

It is created to lure investment and showcase business opportunities in the country's vast eastern region.

The EEF offers an important platform for global cooperation in the Russian Far East and a significant opportunity for Northeast Asian nations to pool wisdom and pursue cooperation, Wang said. It involved deploying additional forces to Russia's far east and a naval build-up involving its Northern and Pacific fleets.The main aim was to check the military's readiness to move troops large distances, to test how closely infantry and naval forces cooperated, and to flawless command and control procedures. The drills are gargantuan in scale: 300,000 troops are participating, including contingents from China and Mongolia. This activity was part of the first stage of the exercise, which runs until September 17, the ministry said in a statement.

Photos showed Putin and Xi, wearing blue aprons, pouring out the batter and turning the pancakes over before eating them with caviar and a shot of vodka.

Russian President Vladimir Putin and his Chinese counterpart Xi Jingping displayed their cooking skills on the sidelines of an worldwide economic forum.

Placing their historic rivalry on the back burner, the historic rivals projected a united front amid pressure from Washington, which is fighting a trade war with China and leveling new sanctions on Russian Federation.

The countries strengthened synergies related to the Belt and Road Initiative and the Eurasian Economic Union, focusing on cooperation in energy, agriculture, scientific and technological innovation, and finance.

The Japanese prime minister for his part said the two countries "have a duty to future generations".

Putin and Abe have held numerous meetings over the past few years in a bid to solve the dispute over the islands known in Japan as the Northern Territories.

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Russian President Vladimir Putin proposed Wednesday that Russia and Japan sign a peace treaty by the end of the year without preconditions. "Let's conclude a peace treaty before the end of this year, without any preconditions".

Abe, apparently taken aback, did not immediately respond. [NR4N1VS01S] Relations between Moscow and Beijing have always been marked by mutual wariness with Russian nationalists warning of encroaching Chinese influence in the country's mineral-rich far east.

Their two countries have been in dispute for seven decades over a chain of Pacific islands and as a result have still not formally ended their World War II hostilities.

Russia's territorial dispute with Japan over the Kuril islands was unlikely to be settled soon, President Vladimir Putin said on Monday (Sep 10), seeming to pour cold water on his Japanese counterpart's more optimistic forecast. Chief Cabinet Secretary Yoshihide Suga called the move "extremely disappointing".

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

Putin also met South Korean Prime Minister Lee Nak-yon, following his summit with South Korean President Moon Jae-in during the Russia-hosted World Cup. "We have been negotiating for 70 years", Mr Putin said.

While politics stole the limelight, the forum is primarily a political entity.

According to Russian media, Russia and China are also expected to discuss reconstruction in Syria. Last year, Tokyo launched a complaint over plans to lay an undersea telecom cable, linking the three disputed islands with Russia's Sakhalin Island.

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