"The talks were quite detailed", he said.
Assad, in turn, congratulated Putin on his re-election in March and reported "many positive changes" in Syria, including the reduction of territory controlled by insurgents and the return of "hundreds of thousands of Syrians" displaced by the conflict.
The meeting was the latest in a series of conferences on military issues Mr Putin chaired this week at his Black Sea retreat. "Today's talks focused on further joint steps".
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"As regards economic cooperation, we'd like to point out a recent increase of Russian investment, the investments the Russian companies are making in various sectors of Syrian economy", Assad said. "I have always said, and I want to reiterate that we have always enthusiastically supported a political process that should proceed hand-in-hand with fight against terrorism", the Syrian leader said.
Russian Federation has been a key ally of Assad throughout the seven-year Syrian civil war when many other countries, including the United Kingdom, wanted to remove him from power.
Syrian state TV says two people have been killed and 19 others injured when a shell fired by "terrorist groups" fell in the heart of the Syrian capital. "Much has also been done within the framework of the Syrian National Dialogue Congress held in Sochi", he said.