AGL 40.26 Increased By ▲ 0.26 (0.65%)
AIRLINK 127.05 Increased By ▲ 0.01 (0.01%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.49 Decreased By ▼ -0.02 (-0.44%)
DCL 8.63 Increased By ▲ 0.08 (0.94%)
DFML 41.85 Increased By ▲ 0.41 (0.99%)
DGKC 87.60 Increased By ▲ 0.75 (0.86%)
FCCL 32.85 Increased By ▲ 0.57 (1.77%)
FFBL 65.25 Increased By ▲ 0.45 (0.69%)
FFL 10.28 Increased By ▲ 0.03 (0.29%)
HUBC 109.90 Increased By ▲ 0.33 (0.3%)
HUMNL 14.85 Increased By ▲ 0.17 (1.16%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.53 Increased By ▲ 0.07 (0.94%)
MLCF 41.70 Increased By ▲ 0.32 (0.77%)
NBP 59.51 Decreased By ▼ -0.90 (-1.49%)
OGDC 194.29 Increased By ▲ 4.19 (2.2%)
PAEL 28.29 Increased By ▲ 0.46 (1.65%)
PIBTL 7.82 Decreased By ▼ -0.01 (-0.13%)
PPL 152.30 Increased By ▲ 2.24 (1.49%)
PRL 26.55 Decreased By ▼ -0.33 (-1.23%)
PTC 16.12 Increased By ▲ 0.05 (0.31%)
SEARL 83.00 Decreased By ▼ -3.00 (-3.49%)
TELE 7.65 Decreased By ▼ -0.06 (-0.78%)
TOMCL 35.45 Increased By ▲ 0.04 (0.11%)
TPLP 8.19 Increased By ▲ 0.07 (0.86%)
TREET 16.19 Decreased By ▼ -0.22 (-1.34%)
TRG 52.90 Decreased By ▼ -0.39 (-0.73%)
UNITY 26.50 Increased By ▲ 0.34 (1.3%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
BR100 9,952 Increased By 68 (0.69%)
BR30 30,896 Increased By 296.2 (0.97%)
KSE100 93,919 Increased By 563.7 (0.6%)
KSE30 29,100 Increased By 168.8 (0.58%)

The United States and Russia formally inaugurated their new START nuclear arms treaty on Saturday, capping two years of work to "reset" the sometimes strained ties between the former Cold War enemies. US Secretary of State Hillary Clinton and Russian Foreign Minister Sergei Lavrov exchanged the final START documents at the Munich security conference, where two years ago US Vice President Joe Biden launched the Obama administration's push for better relations with Moscow.
"Two years ago we all laughed about the translation of the ceremonial 'reset' button I gave to the Foreign Minister," Clinton said, referring to a diplomatic gaffe in which she presented Lavrov with an oversized button on which "reset" was mistranslated into the Russian for "overcharge".
"But when it came to the translation that mattered most, we turned words into action to reach a milestone in our strategic partnership." Russian President Dmitry Medvedev and US President Barack Obama signed the deal in April after a year of tough negotiations, committing the world's top two nuclear powers gradually to reduce their atomic arsenals.
The START treaty has been at the centre of Washington's effort to improve ties with Moscow, which hit a low with Russia's 2008 war against pro-western Georgia and were further strained by disagreements on trade and US concerns over Russia's record on human rights and free speech.
US officials say the "reset" has delivered results on a number of fronts including efforts to rein in the nuclear ambitions of Iran and North Korea, co-operation on the halting Middle East peace process and growing ties between Russia and Nato.
The START treaty itself is also seen as an important step toward Obama's goal of nuclear disarmament - though analysts say there are much higher hurdles ahead if further progress is to be made. Obama faced down sharp objections from some Republican senators, who said the new treaty gave too much away, to win Senate ratification late last year in a major political victory. The START treaty commits the two nations, with 95 percent of the world's nuclear weapons, to ceilings of 1,550 deployed strategic warheads in seven years, up to 30 percent lower than in the 2002 Moscow treaty.
It will limit each side to 700 deployed strategic missiles and bombers and establish verification rules, absent since the US-Soviet Strategic Arms Reduction Treaty (START I) expired in 2009, enabling them to keep tabs on each other's arsenals. Now the treaty has taken effect, the two nations will begin exchanging information about the status of their nuclear forces and, within weeks, hold the first on-site inspections of each other's nuclear arsenals in nearly two years.
US officials say the treaty is an important step toward Obama's broader goal of nuclear disarmament, but analysts say higher hurdles loom ahead. The United States and Russia have already signalled differences over further cuts, including on tactical nuclear weapons that many analysts regard as a more immediate danger. The US Senate has asked Obama to seek negotiations on tactical nuclear weapons within a year after START enters into force. But Russia, which has a stockpile several times larger than that of the United States, has resisted, saying talks should not be held until each country confines its tactical nuclear weapons to its own territory.

Copyright Reuters, 2011

Comments

Comments are closed.