Russia proposes that Uruguay buy Russian aircraft and is ready to participate in the upgrade of Uruguayan hydroelectric power stations and supply of raw materials to that country, President Vladimir Putin said after the Russian-Uruguayan talks.

"We discussed the prospects of implementation of joint projects in energy sector. In particular, such companies as Gazprom and Power Machines could take part in the upgrade of Uruguayan hydroelectric power plants and in supply of necessary raw materials," he said.

According to the Russian leader, Moscow proposed that the Uruguayan partners consider the procurement of Sukhoi Superjet and MC-21 aircraft.

Putin called Uruguay Russia's "reliable partner in Latin America."

The Russian leader said that "the general mood for further expansion of bilateral cooperation has been confirmed in a joint statement signed by the heads of the states."

Speaking about trade and economic cooperation between the countries, Putin said:

"Unfortunately, over the past four years the trade turnover between Russia and Uruguay declined, the current situation is in focus of the intergovernmental commission."

Putin said that agriculture is one of the key areas of the teamwork.

"Uruguayan exports to Russia basically include food and agricultural products, they account for more than 90% (of exports) and recent years also saw improvement in quality and growth in supplies of other agricultural products - fish, seafood - to Russia," Putin said.

In his opinion, Russia is interested "in Uruguayan advanced technology in the agricultural sector."

Putin said that during the bilateral talks on Thursday the parties also touched upon "the prospects of joint projects in the energy sector."