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Things kicked off Sunday with a lobster dinner and a spin in a speedboat owned by President Bush's father.
Monday's discussions included plans for a European missile defense, something that's still in dispute after Putin's compromise at the G-Eight summit in June.
The two leaders have different views on democracy, NATO expansion into Russia's backyard and independence for Kosovo.
But Russian officials are trying to dispel any notion that there was urgent damage control being done at this meeting. Foreign Minister Sergei Lavrov shrugs off that idea with a favorite American saying: "It it ain't broke, don't fix it."
But there is no doubt that Bush was trying to ease Putin's worries over a U.S. missile defense system.
The leaders were expected to discuss U.S. plans to build a missile defense system in Poland and the Czech Republic. Putin is against the plan.
He suggests the system be built in countries friendlier to Russia.
Bush said the deployment of a missile defense system would not be aimed at Russia.
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