Source:
Associated PressCOPENHAGEN - President Barack Obama said on Friday that the United States and Russia are "quite close" to agreeing on a new arms control treaty.
The new deal would replace the 1991 Strategic Arms Reduction Treaty, or START I, that expired Dec. 5.
Emerging from a private meeting with Russian President Dmitry Medvedev held on the sidelines of the climate summit in Copenhagen, Obama expressed confidence that a successor pact will be agreed to in a "timely fashion," adding that technical details required further work.
At a summit in Moscow in July, Obama and Medvedev agreed to cut the number of nuclear warheads held by each country to between 1,500 and 1,675 within seven years as part of a broad new arms control agreement.
Read more:
http://www.msnbc.msn.com/id/34474156/ns/world_news-europe/
Of course, John Bolton vigorously opposes such efforts as noted in this Op-Ed:
http://www.nytimes.com/2009/05/26/opinion/26bolton.html