Russian President Vladimir Putin arrived in Oslo on Tuesday for Russian-Norwegian negotiations to discuss trade and economic collaboration.
Vladimir Putin will first visit the King's Palace where the official ceremony of meeting the Russian president and his talk with King Harold V of Norway will be held.
Then negotiations between the Russian president and the prime minister of Norway will be followed by the signing of the Russian-Norwegian statement and a press conference.
Vladimir Putin will also meet with representatives of the Norwegian business community.
Deputy presidential chief of staff Sergei Prikhodko reported that negotiations between Vladimir Putin and Norwegian leaders would focus on trade and economic collaboration. In particular, the sides will discuss the joint use of the Barents Sea bioresources and the development of its oil and gas deposits.
Sergei Prikhodko pointed to the "satisfactory level of political interaction between the two countries." The trade turnover between Russia and Norway, according to him, amounts to more than one billion dollars, with 60 percent of it falling on the fish products and nickel.