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Published: Sun, 15 Nov 2009
Description: President Obama meets with Dmitry Medvedev while on Asia trip
Automatically Generated Transcript (may not be 100% accurate)
" Arrived in Shanghai and on the agenda will be discussing economic issues with Chinese leaders. -- sergeant joins us from Singapore where the president met earlier today with Russian President Dmitry Medvedev I Katie."
" Well good morning the president hopefully it's getting a good night's rest right about now it's been -- very busy day for him and the other leaders of the twenty other leaders from the Pacific rim nations. Including rush -- President Obama and Russian President Dmitry Medvedev. Got together on the sidelines of the APEC summit and reported progress. On negotiations for a new start -- the current treaty expires on December 5 and that's a treaty on the nuclear arms reduction as her replacement -- the president says they're getting there."
" Our goal from continues to be to complete the negotiations and to be able to sign a deal before the end of the year. And I'm confident that. If we work hard and -- Fed's emergency about it we should be able to get that done and -- very much feels it. Both sides are trying to work through some difficult technical issues but are doing so in good faith."
" So economic and trade issues are ostensibly -- the leaders get together for these meetings on that front they noted that the world's economy. Is recovering thanks to stimulus spending another emergency measures but they said nations must push ahead with free trade and investment. To ensure that that growth continues. One thing that is not in the final declaration is any -- a mention of currencies. That phrase was -- following a dispute between the United States and China. China's been under pressure to say -- she wants that should strengthen. Critics say it is being kept artificially low and you can be sure it'll be some more discussions on that during the president's time in China. Climate change is also on the agenda though was added at the last minute. With the Copenhagen climate summit coming up in just three weeks and little hope for -- legally binding agreement on that front. The prime minister of Denmark flew into. Present a proposal for it politically binding agreement and at least that would keep the would keep the process going for until they could -- come up with a better agreement. That's what we've been following here in Singapore's back to you tight case sergeant thank you very much a live update."
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