President Lee Myung-bak is slated to travel to Russia next week to hold a summit with his counterpart President Dmitry Medvedev and attend an international conference.

Lee will kick off his three-day visit next Thursday and take part in the second World Political Forum in Yaroslavl some 250 km northeast of Moscow.

There he is expected to deliver a keynote speech and promote Korea's hosting of the November G20 summit.

During Lee's meeting with Medvedev scheduled for Friday, which will be the fourth of its kind, the two leaders are likely to discuss ways to boost the strategic partnership between Korea and Russia in time for the 20th anniversary of their diplomatic relations.