A.M. Puzanov provides Pak Geum Cheol information on 1) upcoming conference of representatives of Communist and worker's Parties 2) State Committee decision to transfer technical documentations in response to Kim Il Sung's request 3) impression on newly-introduced bonus payment system in agricultural cooperatives.

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.

This memo offers a brief description on the rapidly growing economy of the DPRK.

Torbenkov reports on the construction of a cement plant, an irrigation system, and an agricultural collective in North Korea. Nam Il outlines plans to improve sanitation and prevent illnesses from spreading.

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

Puzanov learns about North Korea's involvement in COMECON and the agricultural situation in Jagang and South Hwanghae Provinces.

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

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 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.

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.