FIRST AIRED: December 16, 2016

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Transcript

00:00:02
>> A confident Vladimir Putin heading into day two of talks in Japan on Friday. And there's good reason for the spring in his step. Analysts say he's set to walk away with bunch of deals including a $1 billion investment fund to help step up economic cooperation. He's also won something perhaps even more important, a warm welcome from Prime Minister Shinzo Abe, at a time when Western powers are giving him the cold shoulder over Moscow's role in the atrocities in Syria.
00:00:31
But Abe has less reason to smile. Analyst say he must be bitterly disappointed after making no progress on resolving an old territorial dispute with Russia over a group of Islands the two countries have been arguing over since World War II. Putin hasn't budge on the subject. Although the two countries are now trying to look for ways to develop the islands together.
00:00:52
Analysts say resolving this argument would help Abe build his legacy and a win a strong new friend for Japan. As it super power neighbor China continues to rise.