At the meeting, Mr Putin and Mr Kuzmitsky discussed the results of the unification of the Koryak Autonomous District and the Kamchatka Region into a single region – Kamchatka Territory.

"Russia and Bulgaria are important trade and economic partners for each other. We are glad to have an opportunity to discuss all aspects of our cooperation, to analyse what we have done in recent times, and to map out prospects for the future."

“We retain our main goal despite the critical situation. That goal is to create the best possible conditions for entrepreneurs’ access to state money and make loan interest rates less burdensome.”

“Our basic financial document should be realistic and well balanced, and proceed from explicit economic forecasts. It needs a sufficient resource potential to promote and improve the national economy.”

"Our main task is to prevent massive growth of unemployment in industrially advanced regions and local economy mainstays. We must preserve qualified personnel, and give people an opportunity to train for a new profession or find a temporary source of income."

"The Bulgarian National Exhibition in Moscow is significant because it will increase awareness of Bulgaria's current economic potential among Russian business leaders and the general public."

While talking to journalists, Mr Sechin said that all welding works on the linear ESPO pipeline portion were finished, and Transneft would carry on the final stage of the works.