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US, Russia Ready to Set New Nuclear Arms Limits

The US intercepts a short-range ballistic missile during a test in the Pacific Ocean. The US wants to install missiles and a radar station in Poland and the Czech Republic. US President Barack Obama and his Russian counterpart Dmitry Medvedev held talks seeking to turn a new page in relations scarred by a series of disputes between the ex-Cold War foes. (AFP/US NAVY/File/null) MOSCOW, Russia - Russian and U.S. nuclear negotiators have completed a joint statement on the framework for a new arms control agreement to replace the 1991 START I agreement which expires December 5.

A U.S. source close to the American side tells CNN that Presidents Barack Obama and Dmitry Medvedev will discuss the joint statement at their Monday meetings in Moscow and are expected to announce and sign it at their joint press conference Monday afternoon.