Kim Il Sung's article, originally published in Mezhdunarodnaya Zhizn, thanks the Soviet Union and China for assisting North Korea while deriding American foreign policy.

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

Puzanov reports on his attendance at a session of the Supreme People's Assembly.

Among other personal issues, Park Jeong-ae discusses the results of the Party conference and KWP CC Plenum, in which speeches regarding the draft of the first five-year plan were discussed, some ministries were criticized, and preparations for uprising of factionalist groups are discovered.

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

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 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.

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 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.