At the 40th anniversary of the USSR Armed Forces meeting, Kim Il Sung shares impressions of the visit of the PRC delegation and discusses the South Korean aircraft that overflew DPRK in February 16 and students who renounced the DPRK citizenship.

Kim Il Sung shares impressions about the work of the conferences of leaders of agricultural cooperatives and plans for similar work for industrial and military units.

Kim Il Sung and Puzanov discuss the possibility of Korean citizens in Japan studying in DPRK higher education institutions, matters of the DPRK's draft five-year plan and terms of trade between the Soviet Union and North Korea, factionalist activities against the KWP leadership and DPRK government, and South Korean insurgency against North Korea leading up to DPRK elections.

Puzanov meets with North Korean leaders at a sporting events in celebration of Korea's liberation, and they discuss friendly sports exchanges between the Soviet Union and DPRK. Kim Il Sung informs Puzanov that the DPRK will revise its draft of the first five-year plan according to Soviet suggestions before the economic delegation goes to China for consultation. Later, the Russian and Bulgarian Embassies host a successful showing of a film, and the Soviets inform the PRC Ambassador Qiao Xiaoguang of Soviet consultations of the DPRK economic plan.

Kim Il Sung tells Puzanov that the North Korean delegation to Moscow seeks consultation for the first DPRK five-year plan and the development of economic ties between the DPRK and the USSR. He states the expected North Korean production increases in agriculture, industry, consumer goods, capital investment, and export goods. Kim Il Sung also articulates the intended goals of the first five-year plan.

At a DPRK reception to honor Soviet military advisers, North Korean and Soviet officials emphasize friendship and solidarity between the two countries. Then Kim Il Sung reports on the five-year development of the DPRK economy under various economic sectors and foreign trade.