The issue over the status of the Kuril Islands in the Sea of Okhotsk appears to be nearing a compromise between Russia and Japan. Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe met at Eastern Economic Forum in Vladivostok, Russia on September 2. The Kuril Island dispute has been an ongoing issue in Russo-Japanese relations, however, both the two made progress toward a possible peace treaty between the two nations. In Addition to a potential consensus over the islands dispute, the two spoke about deeper and more substantial economic ties. Moreover, the two Discussed a joint oil venture into the Russia's Far East. In conclusion, both Vladimir Putin and Shinzo Abe agreed that a partnership and amicable ties would be in the best interest of both nations.
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