Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. US, Russia to Sign Nuclear Arms Reduction Treaty on April 8 VOA News 26 March 2010 President Barack Obama makes a statement to reporters at the White House, after he phoned Russian President Dmitry Medvedev to discuss the new START treaty, 26 Mar 2010 Photo: AP President Barack Obama makes a statement to reporters at the White House, after he phoned Russian President Dmitry Medvedev to discuss the new START treaty, 26 Mar 2010 President Barack Obama says the United States and Russia have agreed to the most comprehensive arms-control agreement in nearly two decades. The landmark nuclear arms reduction treaty reduces by about one-third the number of nuclear weapons that the world's two largest nuclear powers will deploy. President Obama said he telephoned his Russian counterpart, Dmitri Medvedev, Friday, and they agreed to meet in the Czech capital, Prague, to sign the new START treaty on April 8. He said the pact shows that the two nations intend to lead the world in reducing the nuclear threat. A spokeswoman for President Medvedev told Russia's Interfax news agency the agreement reflects the balance of both countries' interests. U.S. Secretary of State Hillary Clinton said the pact will give Russia and the United States more credibility in non-proliferation and in dealing with countries like Iran and North Korea over nuclear issues. The U.S. Senate and the Russian Parliament must ratify the treaty. Mr. Obama said the treaty also significantly reduces missiles and launchers and establishes a strong and effective verification system. He said it also maintains flexibility needed to protect national security and guarantee the U.S. commitment to its allies' security. U.S. and Russian negotiators have been working for nearly a year on a new pact to replace the 1991 Strategic Arms Reduction Treaty, which expired in December. The agreement would reduce each nation's nuclear arsenal from 2,200 to 1,500 warheads each. The sides would have seven years from the treaty's ratification to carry out the reductions. Verification issues and Russian opposition to U.S. plans for a missile-defense system in Europe had been holding up major progress in the talks. .