"We have reiterated the very high level of our relations with China".
Iran, now an observer member of the SCO, has sought since 2008 to become a full member of the China- and Russia-led security group.
"Russia welcomes the planned summit of the US and North Korea and notes China's big contribution to helping settle the crisis on the Korean Peninsula", Putin said.
"As for Russia's return to "the seven, ' 'the eight" [G7, G8] - we have not left it". Our colleagues once refused to come to Russian Federation due to well-known reasons. "Please, we'll be happy to see everyone there, in Moscow", Putin stated.
Putin, who has previously told Europe he had warned them about the trade threat Washington posed to them, also said that if Trump imposed new tariffs on imports of foreign cars it would have serious consequences for the global economy and especially for Europe.
"No matter what country has terrorists, we must strengthen our regional cooperation and not allow them to affect regional security", he told reporters, adding that the SCO bloc had stopped "hundreds" of terrorist acts.
"The president of the United States himself has repeatedly said that he considered such a meeting appropriate, and I confirm that this is indeed the case". I do agree with him.
Xi said he will work along with Putin to usher in even brighter future to the relations between the two countries.
The statement made no mention of Russian Federation being invited back into the group from which it was kicked out in response to its 2014 annexation of Crimea, despite US President Donald Trump's insistence that the club would be better off if it brought Russian Federation back into the fold. But there are a lot of countries which are willing to assist us in this.
Speaking at a G7 news conference, Mr Trump said: "I think it would be an asset to have Russian Federation back in". "As soon as the USA side is ready, the meeting will take place, depending, of course, on my working schedule".
Russian President Vladimir Putin says he shares President Donald Trump's concerns about a renewed arms race. "It's time to stop that chatter and deal with real issues".
Authorities cleared an entire oceanside swathe of the city - moving aside shopkeepers and day-trippers to make way for Xi, Putin and Rouhani.
Stressing that Russia-China comprehensive strategic partnership of coordination remains Russia's diplomatic priority, Putin said the two countries have taken care of each other's core interests and major concerns, actively promoted dialogues and cooperation in political, economic and people-to-people and cultural areas, and worked closely in global affairs.