The United States and Russia have reached agreement on most major issues in a new treaty that would cut their deployed strategic nuclear warheads by one-fourth and allow each side to continue to verify the other’s stockpiles, officials said Friday.

Negotiators have been racing to conclude a replacement for the 1991 Strategic Arms Reduction Treaty, or START, the nuclear giants’ most extensive nuclear treaty. It expired on Dec. 5.

US President Barack Obama said that the two sides are “quite close” to concluding a new version of the pact. Source: Washington Post

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