During the meeting the two leaders noted that cooperation between Uzbekistan and Russia had been developing in line with the Treaty on Allied Relations signed in 2005.

Islam Karimov said that cooperation with Russia had always been a priority for Uzbekistan. The two countries have similar views on reforming the CIS.

President of Uzbekistan proposed to merge the Eurasian Economic Community (EurAsEC) and the Collective Security Treaty Organization (CSTO). This will improve the efficiency of their activities.

Dmitry Medvedev said Uzbekistan was a key and strategic partner of Russia in Central Asia. He underlined that great plans for the future were being developed, which will serve for the further development of relationships.

Multilateral relations between the two countries are actively developing in the framework of such structures as the UN, SCO, CIS and EurAsEC. Uzbekistan and Russia are partners in fighting such threats as drug trafficking, terrorism, extremism and transnational organized crime.

Uzbekistan and Russia cooperate closely in almost all sectors of economy. The volume of mutual trade turnover continually increases. In 2007, the figure rose by 48 percent and amounted to USD 4.2 billion. Business forums, exhibitions and meetings of the intergovernmental commission are conducted regularly.

Humanitarian cooperation has also been actively developing between the two nations. In particular, the Fund "Forum of Culture and Art of Uzbekistan", whose main purpose is to promote the historical and cultural heritage of the Uzbek people, has organized various exhibitions and festivals. Branches of the Russian Economic Academy named after Plekhanov, Moscow State University named after Lomonosov and the Russian State University of Oil and Gas named after Gubkin function in Tashkent.

Islam Karimov and Dmitry Medvedev expressed satisfaction with the magnitude of current relationships. They exchanged views on further development of ties between Uzbekistan and Russia, in particular, in trade and economic, scientific-technical, investment and humanitarian fields.