Kim Il Sung reports on Egyptian-Soviet-Korean relations, his views of Tito and Yugoslavia, and economic planning in North Korea.

Puzanov discusses first Party Conference in North Korea, in which Kim Il Sung addressed issues concerning the first five-year plan and strengthening the unity and solidarity of the Party.

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 discusses his plans to send a letter to Mao Zedong about the withdrawal of the Chinese volunteers from DPRK and to convene a Party conference as well as the current situation with trade in pork and progress of the conference of agricultural cooperative workers.

Kim Il Sung and Puzanov discuss various issues between the USSR and DRK, including the process of building the Hungnam chemical fertilizer plant with Soviet aid.

Kim Il Sung and Puzanov review Soviet and Chinese advice on North Korea's economic policy during the First Five-Year Plan.

Kim Il Sung and Puzanov discuss the use of corn for livestock feed, the need to mechanize DPRK agriculture, the city of Nampo and its industrial capabilities, and the startup of zinc production through Soviet aid in the non-ferrous metals industry.

Kim Il Sung and Nam Il inform Puzanov of the Korean delegation's progress in evaluating the draft of the DPRK's first five-year plan in the USSR. Then they discuss North Korean corn yields, USSR timber harvests for North Korea, and South Korea. Later, Nam Il informs Puzanov of internal matters of the KWP CC.

Puzanov and M. P. Tarasov discuss the USSR Supreme Soviet delegation's observations from its visit to the DPRK, advising Kim Il Sung on economic efficiency for industrial enterprises and corn production.

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.