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Putin talks trade with Luxembourg

Trade has dominated talks between Russia’s president and Luxembourg’s prime minister in Moscow. Vladimir Putin met Jean-Claude Juncker in the dying days of his presidency.

Trade turnover between the two countries reached $US 350 million last year, mainly focused on energy and high-technology.

Vladimir Putin says collaboration in hi-technologies would help both countries reach new markets.

Earlier, Juncker held talks with Russia's President-elect Dmitry Medvedev on strategic development.

Interfax news agency has quoted Medvedev as saying that the new partnership and co-operation agreement between Russian and the EU and European security were the primary issues.