Russian Foreign Minister Sergei Lavrov and his Japanese counterpart Taro Kano discussed the peace treaty between the two nations in Moscow on Monday. Lavrov said that the meeting mark’s the first round of talks aimed at solving the long-standing territorial dispute between Russia and Japan. He stated that Moscow is ready to turn a new page in the countries’ bilateral relations, adding that it... Еще would “foster the establishment of peace, stability and equal and common security in the Asia Pacific Region and the world as whole.” Kono on his part said that the Russia-Japan relationship has “a lot of potential” Four islands located between Russia's Kamchatka Peninsula and Japan's northern island of Hokkaido are the cause of the long-standing territorial dispute between the countries. In Russia, the islands are known as the Southern Kuril Islands, while Japan refers to them as the Northern Territories. Both Russia and Japan claim ownership of the islands, with the decades-long disagreement leaving a post-WWII peace deal still unsigned.