It was a small step forward that fell far short of breaking the stalemate in a dispute that has prevented Russia and Japan from signing a peace treaty formally ending World War II.
Joint development "would help foster trust toward a peace treaty," Russian President Vladimir Putin said at a news conference with Japanese Prime Minister Shinzo Abe after meetings in Japan over two days.
Asked about developments in Syria, Putin said that he and Turkish President Recep Tayyip Erdogan are working to launch a new round of peace talks in Astana, the capital of Kazakhstan. For Putin, the summit meeting marked his first official visit to a G-7 country since Russia annexed Crimea in 2014.
The dispute centers on four southern Kuril islands, which Japan calls the Northern Territories. The Soviet Union took the islands in the closing days of World War II, expelling 17,000 Japanese to nearby Hokkaido, the northernmost of Japan's four main islands.
Abe said today that he has his justice, and Putin, his own.
"If we just insist on our own justice, we can never resolve the problem," he said. "We must make an effort to open a new future in Japan-Russia relations for the new generation."
Former island resident Koiichi Iwata, 87, told Japanese public broadcaster NHK that change won't come easily.
"We are different people. We lost the war, and we feel that we were taken advantage of," he said. "But there is hope. They say win-win, which means that is good for both peoples, right?"
An agreement on joint economic development is far from a given, because of the dispute over sovereignty. Russia says that any development should be governed by Russian laws, while Japan is pushing for a special framework that in Abe's words would not "infringe the sovereignty positions of either side."
Before the news conference, the two countries exchanged a number of broader economic, cultural, science and sports cooperation agreements.
Russia wants to attract Japanese investment, and Japan hopes that stronger ties through joint economic projects will help resolve the thorny territorial issue over time. Putin said Japanese involvement will be crucial to development of Russia's far east.
"Russia and Japan haven't had very much economic cooperation," Putin said earlier today. "It is necessary to expand the potential of our economic ties."
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