US, Russian Presidents meet in London

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Source: CCTV.com | 04-02-2009 18:17

On the sidelines of the London summit the United States and Russia have committed to improving their strained relations. One notable result of the first meeting between US President Barack Obama and Russian President Dmitry Medvedev is an agreement to negotiate a new deal on reducing nuclear warheads.

U.S. President Barack Obama (R) meets Russian President  Dmitry Medvedev at Winfield House, the U.S. ambassador's  residence in London April 1, 2009. Russia and the United  States will pursue a new deal to cut nuclear warheads,  presidents Medvedev and Obama said on Wednesday, ahead of a G20 summit, making good on a pledge to rebuild relations  from a post-Cold War low. REUTERS/Jason Reed (BRITAIN  POLITICS BUSINESS)

Presidents Obama and Medvedev have decided to move along the path of reducing and limiting strategic offensive arms.

The US and Russia will begin negotiations to work out a comprehensive, legally binding agreement to replace the 1991 Strategic Arms Reduction Treaty.

The two countries will instruct their negotiators to start talks immediately on a new treaty, and to report on results achieved in working out the new agreement by July.

The goal is to conclude the new agreement before the 1991 treaty expires in December.