The Russian President met his American colleague at the entrance to his Bocharov Ruchei residence. Vladimir Putin brought a bouquet of flowers for the American First Lady Laura Bush.
The President of the United States and his wife then moved inside the residence where they learned about the plans to develop and prepare Sochi for the 2014 Winter Olympics.
George and Laura Bush examined a model of the Sochi region and the planned Olympic facilities. Governor of the Krasnodar region Aleksandr Tkachev and President of the Sochi 2014 Organising Committee Dmitrii Chernyshenko provided them with further explanations.
The two presidents than took a walk along the seaside where they watched the sunset. This was followed by a dinner, during which Mr Putin and Mr Bush continued their discussions. President-Elect of Russia Dmitry Medvedev was also present at the dinner.