Tugarinov discusses the division of the Korean Peninsula in 1945 and the political and economic situation in the DPRK and ROK respectively.

The memorandum elaborates on the rapid economic growth and development in domestic policies in the DPRK after the Korean War.

V. Pelishenko recounts a meeting with Pak Jeong-ae in which the two discussed inter-Korean relations and North Korean economic planning.

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.

Nam Il is indignant over the murder of South Korean citizens by U.S. troops and comments on Ri Sang-jo's membership status in the Korean Workers' Party.

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.

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.

Kim Il Sung requests technical assistance from the Soviet Unions for currency reforms in DPRK. He and Puzanov then discuss plans for elections in North Korea, DPRK agricultural and fishing conditions, progress in construction, and the exchange of delegations between the two countries. Later, Puzanov meets with the PRC Ambassador to the DPRK, Qiao Xiaoguang. They discuss the potential American bid to legalize weapons deliveries to South Korea as well as USSR and PRC consultation for the DPRK five-year plan.

Kim Il Sung informs Puzanov of the DPRK's efforts to avert South Korean subversive activity against North Korea, discussions on the construction of a new irrigation system in Chonsan, and North Korea's possibility of providing food aid to South Korea.

Puzanov notes his protocol visits to other foreign representatives in North Korea. He relays his understanding of the DPRK's five-year plan to the Ambassador of China, Qiao Xiaoguang. Later, Puzanov summarizes Pak Jeong-ae's explanation of the need for increased vigilance against South Korea as well as news of an upcoming conference of women.