OSAKA /Japan/, March 24. /TASS/. The economic priorities that Russian President Vladimir Putin announced while delivering his State of the Nation Address to the Federal Assembly are in line with the eight-point plan put forward by the Japanese prime minister in May 2016, Russian Economic Development Minster Maksim Oreshkin said ahead of a meeting with Japan’s Minister of Economy, Trade and Industry Hiroshige Seko on Saturday.

"The key ideas concerning social and economic development for the coming years, which President Putin announced in his address, are in line with the development plan proposed by Prime Minister Abe," he said.

Oreshkin and Russian Deputy Prime Minister Golodets are currently on a visit to Japan’s Osaka, where a Japanese-Russian symposium on university exchanges and training industrial staff is taking place.

Moscow and Tokyo have been have been boosting economic cooperation based on the Japanese prime minister’s eight-point plan. The document stipulates that Russia and Japan should strengthen relations in the energy sphere, small and medium-size business, the industrialization of Russia’s Far East, as well as expand exports.