US, Russia sign 'reset' pact to cut nuclear arms

President Barack Obama and Russian President Dmitry Medvedev agreed on Friday to sharp cuts in the nuclear arsenals of both nations in the most comprehensive arms control treaty in two decades. "We have turned words into action," Obama declared.

Obama said the pact, to be signed April 8 in Prague, was part of his effort to "reset" relations with Russia and a step on a path toward "the peace and security of a world without nuclear weapons." The agreement would require both sides to reduce their arsenals of long-range nuclear weapons by about a third, from 2,200 now to 1,550 each. (AP)