Economic Calendar

Sunday, November 13, 2011

U.S., Russia to Form ‘Common Response’ on Iran

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By Julianna Goldman - Nov 13, 2011 8:44 AM GMT+0700

PresidentBarack Obama said he and Russian President Dmitry Medvedev agreed the two nations must be part of a “common response” to keep up pressure on Iran over its nuclear program.

“We discussed Iran and reaffirmed our intention to work to shape a common response so that we can move Iran to follow its international obligations when its comes to its nuclear program,” Obama said after he and Medvedev met in Honolulu where both are attending the Asia-Pacific Economic Cooperation forum.

Obama said U.S.-Russian cooperation on Iran and American support for Russia’s accession to the World Trade Organization demonstrate that the reset of relations he sought at the start of his administration is delivering results.

Both men said Russia joining the WTO will benefit global trade.

Medvedev said one area of difference remains over U.S. plans for a European missile defense system. “Our positions still remain far apart,” Medvedev said through a translator.

To contact the reporter on this story: Julianna Goldman in Honolulu at jgoldman6@bloomberg.net

To contact the editor responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net



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