The following is a summary of the key points that President Clinton and President Putin made at the joint news conference in the Kremlin yesterday.
Arms
The leaders signed an agreement to destroy 34 tonnes of weapons-grade plutonium.
They agreed to set up a joint missile-spotting station, hailed by Mr Clinton as a milestone in ensuring strategic stability.
Mr Clinton said he and Mr Putin had agreed that there was an emerging ballistic missile threat, but they had not agreed on how to tackle it.
Mr Putin said the two leaders would continue to discuss the issue.
Mr Clinton said he hoped the US would soon ratify the Comprehensive Test Ban treaty, which the Senate vetoed last year. He praised Mr Putin for persuading the Russian parliament to ratify the treaty and the START-2 nuclear arms reduction pact.
Economy
Mr Clinton said Mr Putin's economic plan was encouraging and his government team had a good chance of increasing investment in Russia. He said Mr Putin was "fully capable" of building a strong, prosperous Russia.
Mr Putin pledged to push a new tax code and oil production sharing laws through the State Duma lower house of parliament.
Chechnya
Mr Clinton urged Mr Putin to seek a political settlement in separatist Chechnya. He asked Mr Putin to investigate human rights allegations there and to allow international monitors into the region.
Atmosphere Of Talks
Mr Putin said he was satisfied with the results of the two days of talks and the issues they had discussed were important not just for Russia and the US, but for the whole world.
Mr Clinton said they had held good talks and expressed their differences with "clarity and candour" when they could not find common ground.