HAMBURG, Germany, July 7 -- U.S. President Donald Trump and his Russian counterpart Vladimir Putin held their first ever and much-anticipated sit-down discussion on Friday on the sidelines of the G20 Hamburg summit.

The meeting lasted about 2 hours and 20 minutes, focusing on the situation in Ukraine and Syria, fight against terrorism and cyber security, according to Russian news agency Sputnik.

"I had a very lengthy conversation with the President of the United States. There were a lot of issues such as Ukraine, Syria, other problems, some bilateral issues," Putin said at the beginning of his meeting with Japanese Prime Minister Shinzo Abe.

"We again returned to the issues of fighting terrorism and cyber security," Putin added.

The Trump-Putin formal meeting came hours after a brief encounter upon arrival at the Hamburg summit, during which they shook hands and exchanged a few words.

Trump began their meeting by saying, "President Putin and I have been discussing various things. And I think it is going very well."

"We look forward to a lot of very positive things happening for Russia, for the United States and for everybody concerned. And it is an honor to be with you," Trump said.

"I'm delighted to meet you personally, and I hope our meeting will bring results," Putin said after shaking hands with Trump.

Following the meeting, Russian Foreign Minister Sergey Lavrov said the Putin-Trump meeting was constructive and confirmed desire to search for mutually-beneficial agreements, according to Sputnik.

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