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Obama: Enormous headway in U.S.-Russian relations

      RBC, 03.08.2011, Moscow 13:57:59.The U.S. and Russia have made enormous progress in their relations over the last two years, U.S. President Barack Obama said in an interview with the Russian media.

      Addressing the current status of reset process launched jointly with Russian President Dmitry Medvedev, Obama said that he and Medvedev had recently managed to forge an extremely successful partnership. To illustrate this point he cited the new START treaty, which would not have been signed without a strong relationship. Other achievements listed by Obama include a bilateral presidential commission that deals with a wide range of issues, the fact that Russia is on track to join WTO after 18 years of negotiations, the 123 Agreement, which allows for nuclear cooperation, as well as a dialog on missile defense issues.

      Economics is the key towards moving forward, Obama said. By working together as partners, Russia and the U.S. can improve trade and Russia could have its version of the Silicon Valley that is creating value in new industries and new technologies. The U.S. would like to cooperate on that, the president said.

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