Under the terms of the Agreement, both nations agreed to refrain from interfering in domestic Korean politics, and to seek prior approval from each other before sending any military or financial advisors at the request of the Korean government. Russia pledged not to obstruct Japanese investment in the commercial and economic development of Korea, thus explicitly acknowledging Korea to be within Japan's sphere of influence.
The Agreement stipulated that both nations would refrain from interfering in Korean domestic affairs and seek each other's approval before sending military or financial advisors to Korea at the request of the Korean government. Russia pledged not to hinder Japanese investment in Korea's economic development, thereby acknowledging Korea as being within Japan's sphere of influence.