For more than four decades, high-ranking representatives from very different countries have discussed military issues at the annual Munich Conference on Security Policy. No other forum brings together crucial policy makers like US Defense Secretary Robert Gates and Ali Larijani, the Secretary of the Supreme National Security Council of Iran and its nuclear chief negotiator. Both gave their speeches within 90 minutes on February 11, 2007.
Other participants include NATO Secretary General Scheffer, Pakistan's Minister of Foreign Affairs Kasuri, the EU's Solana, Israel's Vice Prime Minister and Minister of Foreign Affairs Livni, Australia's Minister for Foreign Affairs Downer and both Russia's President Putin and Ukraine's President Yuschenko.
Putin's speech got the most press coverage for his accusations against the US and NATO:

The world, he said, is now unipolar: “One single center of power. One single center of force. One single center of decision making. This is the world of one master, one sovereign.” With the German chancellor, Angela Merkel, the American defense secretary, Robert M. Gates, and a Congressional delegation sitting stone-faced, Mr. Putin warned that the power amassed by any nation that assumes this ultimate global role “destroys it from within. “It has nothing in common with democracy, of course,” he added. “Today we are witnessing an almost uncontained hyper use of force in international relations — military force.”  
“Primarily the United States has overstepped its national borders, and in every area,” said Mr. Putin, who increasingly has tried to re-establish Russia’s once broad Soviet-era influence, using Russia’s natural resources as leverage and defending nations at odds with the United States, including Iran. American military actions, which he termed “unilateral” and “illegitimate,” also “have not been able to resolve any matters at all,” and, he said, have created only more instability and danger. “They bring us to the abyss of one conflict after another,” he said. “Political solutions are becoming impossible.”

In the conference hall and back rooms of the Hotel Bayerischer Hof, the 43rd  has once again justified its motto "Peace Through Dialogue". The Russian President’s speech, in particular, emphasized the very importance of articulating different interests in an open and non-governmental debate. (...)  The conference has again underlined its character as a venue for an unrestrained and clear exchange of ideas. As Kurt Beck, Minister President of Rhineland-Palatinate and leader of the German Social Democrats, said: "We have seen openness; an openness that allows us to really talk to each other about problems,to be honest about the interests we have, and, based on this, to develop a stable cooperation."