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. Last Updated: 07/27/2016

Putin Woos Bush

President Vladimir Putin on Monday called for joint efforts with the United States to lift barriers to Russian-U.S. economic cooperation.

In a letter to U.S. President George Bush, part of regular correspondence between the two leaders, Putin stressed the importance of joint initiatives in the energy, space, information technology and banking sectors, the Kremlin said in a statement.

"The time has come to think how to progress from individual positive stimuli to a new level of bilateral trade and economic relations," Putin said in the reply to a letter from Bush.