At their first full summit in seven years, the United States and Russia agreed on Monday to continue to cut back their nuclear weapons stockpiles.

Following a four-hour meeting at the Kremlin, U.S. President Barack Obama and Russian President Dmitry Medvedev announced the two countries are aiming to cut deployed nuclear warheads to about 1,500.

"Within seven years after this treaty comes into force, and in future, the limits for strategic delivery systems should be within the range of 500-1,100 units and for warheads linked to them within the range of 1,500-1,675 units," the framework agreement says.

Estimates from international experts suggest that the U.S. has about 2,200 operationally deployed nuclear warheads and Russia has about 2,790.

The pact is meant as a guide for negotiators as the two nations work toward a replacement pact for the Strategic Arms Reduction Treaty (START I), which expires on Dec. 5.

The framework was one of eight agreements the two leaders committed to at the first day of the two-day summit in Moscow.
Obama, Medvedev agree to cut nuclear weapons

It is a step in the right direction but it will never be enough until all of these weapons are gone.