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 reports that a Norh Korean delegation is "going to Moscow with great eagerness" and reveals that a KWP Central Committee Plenum will be convened in October 1957.

Nam Il reports to Puzanov that the KWP Presidium approved all USSR suggestions on the DPRK's draft five-year plan. They go on to discuss the commissions that exist in the Soviet Union and plans for organizing DPRK commissions. At a luncheon later that day, Kim Il Sung reiterates his gratitude for USSR consultation on DPRK economic development with Puzanov reminding the DPRK of its trade obligations.

Puzanov conveys the USSR invitation for a DPRK delegation to celebrate the 40 anniversary of the Great October Sovialist Revolution, and then he and Kim Il Sung discuss timber harvesting, a letter to the CPSU Central Committee, aid to a Korean newspaper in the Kazakh SSR, and the exchange of friendly delegations.

Puzanov visits the construction site of a furniture factory built with USSR aid and comments on its production capacity and shortcomings. He also informs PRC Ambassador Qiao Xiaoguang of Soviet feedback on the DPRK's draft five-year plan and the internal political situation of the KWP leadership.

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.

Puzanov participates in the meeting to welcome the unofficial North Korean economic delegation's return from the USSR. In his conversation with Pak Jeong-ae and Kim Chang-man, Puzanov suggests that Soviet journalists visit many different sectors of DPRK society to provide a more thorough understanding of North Korea.

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.

Puzanov tells the PRC Ambassador Qiao Xiaoguang about the June CPSU CC Plenum decision, which Qiao supports. Then they discuss the timeframe of the Korean delegation's return from Moscow.