Medvedev: US and Russia are longtime and prospective partners

“Neither a chill in our relations nor the global financial crisis has decreased our intention to launch joint business projects.

"Russia welcomes the diversification of US investments in the Russian economy. It is important for the American companies to deal not only with the oil and gas sector but also with other high-tech branches, above all in airspace industry, energy, nano- and biotechnologies and medicine”, Medvedev said.

President Dmitry Medvedev also said the first day of the US-Russia summit was productive. Medvedev said that the main goal had been reached which is signing a framework agreement on strategic offensive weapons.

This document will be the core of a new treaty to replace the 1991 START I agreement. Medvedev said that the visit was also productive in all other aspects of talks including foreign policy issues, bilateral relations, economy and humanitarian programs. The Russian president said he had liked Obama’s speech at the Russian school of Economics on Monday. “I was impressed by the approach the US president used for representation of the US-Russia cooperation and the situation in the world” he said. The

Obama in his turn said that the first day of his visit to Moscow was productive. He said he had had a good meeting with Prime Minister Vladimir Putin. He stressed that both the Russian president and the Prime minister were consistent in their approaches.

Voice of Russia