"We have a vast volume of cooperation today, I hope this cooperation will help resolve internal problems in our countries," Putin said.
"I know big tasks are facing you in the social sphere. If we develop cooperation in energy and security, this will positively tell on the life of our citizens," said the Russian head of state.
"I want to thank you for deciding to come to Moscow to attend the celebrations of the 60th anniversary of the end of WWII," Putin told the US leader, calling him by first name.
"This confirms the tremendous role the U.S., the Soviet Union, and Russia played in defeating fascism. We will have the pleasure to receive many guests tomorrow, but the arrival of the US president is of special importance," Putin said.
Bush thanked Putin for the invitation and said this was a great honor for him and his wife Laura to be guests in a home they'd been to two years ago.
Bush said he was looking forward to celebrating the anniversary of the great victory of selfless Russian people who had managed to win the terrible war despite hard conditions.
Putin told Bush he had visited the Middle East recently.
"I would like to synchronize watches, share impressions on the Middle East problems," the Russian leader said.
Bush said he was grateful to Vladimir Putin for his work on the Iranian and Middle East directions.
Bush pulled up an American journalist when the latter asked him whether he still trusted President Putin. George Bush in turn asked the reporter why he thought Bush should not trust Putin.
The meeting is attended by Russian Foreign Minister Sergei Lavrov, Security Council Secretary Igor Ivanov, U.S. State Secretary Condoleezza Rice and Assistant to the U.S. President for National Security Affairs Stephen Hadley.
