Both Hu and his new counterpart Ma Ying-jeou agree that the 1992 Consensus is the basis for negotiations between the two sides of the Taiwan strait. On 26 March 2008, Hu Jintao held a telephone talk with the US President George W. Bush, in which he explained that the "1992 Consensus" sees "both sides recognize there is only one China, but agree to differ on its definition". The first priority for the SEF–ARATS meeting will be opening of the three links, especially direct flights between China and Taiwan.