I've directed Secretary of State Powell and Secretary of Defense Rumsfeld to work with their Russian counterparts, to begin discussing a new security framework. I said to President Putin that we need a new approach for a new era, an approach that protects both our peoples and strengthens deterrence by exploring and developing our new attitudes towards defenses and missile defenses. President Putin agrees with this approach.Īnd we've agreed to launch regular detailed and serious consultations on the nature of our security relationship. I want to encourage Russian and American businesses to become more involved in our discussions, so that together, we can foster meaningful investments. We must continue a dialogue, so I'm prepared to send both Secretary O'Neill and Secretary Evans to Moscow soon to further our discussions. I'm not so sure I'll have the same success with our Congress.
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I was so impressed that he was able to simplify his tax code in Russia, with a flat tax. We also discussed the importance of sound investment climate to improve Russia's future economic prosperity. President Putin and I have agreed to launch an extensive dialogue about a wide range of issues that we can constructively address together. We have great opportunities to cooperate on economic, commercial, regional and security issues. As we work together to address the world as it is, not as it used to be, it is important that we not only talk differently, we also must act differently. More than a decade after the Cold War ended it is time to move beyond suspicion and towards straight talk beyond mutually assured destruction and toward mutually earned respect. And I'm convinced that it's important for the world that we do so.
I am convinced that he and I can build a relationship of mutual respect and candor. I enjoyed the opportunity to meet President Putin in person for the first time.
When Russia and the United States work together in a constructive way, we can make the world a safer and more prosperous place. Russia is an important country, with vast potential. My meeting with President Putin today is an important step in building a constructive, respectful relationship with Russia - a relationship that has the potential to benefit not only our two countries, but also the world. Our countries have common interests and we share responsibilities. We had a good discussion of our views of Russian-American relations, and of the changing world at the beginnings of this new century. President Putin and I have just concluded two hours of straightforward and productive meetings. Press Conference by President Bush and Russian Federation President Putin
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