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U.S. President Barack Obama (L) speaks to Russian President Dmitry Medvedev in a bilateral meeting before attending the 2012 Nuclear Security Summit in Seoul March 26, 2012. Credit: Reuters/Larry Downing By Matt Spetalnick and Jeremy Laurence SEOUL | Mon Mar 26, 2012 3:02am EDT SEOUL (Reuters) - U.S. President Barack Obama vowed on Monday to pursue further nuclear arms cuts with Russia, saying the United States has more warheads than necessary, even as he issued stern warnings to North Korea and Iran in their nuclear standoffs with the West. Speaking ahead of a global nuclear security summit in Seoul, Obama held out the prospect of new reductions in the U.S. arsenal as he sought to rally world leaders for additional concrete steps against the threat of nuclear terrorism. "We can already say with confidence that we have more nuclear weapons than we need," Obama told students at South Korea's Hankuk University. He pledged a new arms-control push with incoming Russian president Vladimir Putin when they meet in May. But any further reductions would face stiff election-year opposition from Republicans in Congress who already accuse him of weakening America's nuclear deterrent. Obama laid out his latest strategy against the backdrop of continued nuclear defiance from North Korea and Iran, twin challenges that have clouded his overall nuclear agenda as well as the summit getting under way in Seoul. Obama set expectations high in a 2009 speech in Prague when he declared it was time to seek "a world without nuclear weapons". He acknowledged at the time it was a long-term goal, but his high-flown oratory helped him win the Nobel Peace Prize. In Seoul on Monday, Obama made clear that he remained committed to that notion and insisted that "those who deride our vision, who say that ours is an impossible goal that will be forever out of reach", were wrong. Though Obama was vague on exactly how such a vision would be achieved, he voiced confidence the United States and Russia, which reached a landmark arms-control treaty in 2009, "can continue to make progress and reduce our nuclear stockpiles". "I firmly believe that we can ensure the security of the United States and our allies, maintain a strong deterrent against any threat, and still pursue further reductions in our nuclear arsenal," he said. But another arms accord with Moscow will be a tough sell to U.S. conservatives who say Obama has not moved fast enough to modernize the U.S. strategic arsenal, a pledge he made in return for Republican votes that helped ratify the START treaty. The United States and Russia are the two biggest nuclear powers, possessing thousands of warheads between them, arsenals that arms-control advocates say are capable of destroying the world several times over. With U.S. officials privately expressing concern about China's opaqueness over its growing nuclear weapons program, Obama said he had urged the rising Asian power "to join us in a dialogue on nuclear issues, and that offer remains open". NORTH KOREA, IRAN Obama also used his speech to call on North Korea, which plans a long-range rocket launch next month, to curb its nuclear ambitions or else face further international isolation. "And know this - there will be no more rewards for provocations. Those days are over. This is the choice before you," he said, directing his comments at North Korea's leadership. Seoul and Washington say the launch is a disguised ballistic missile test. The flightpath from a west coast launch pad will take the rocket south towards the Philippines. Two previous launches of the long-range missile have failed. A defense ministry official in Seoul said South Korea was drawing up a plan to shoot the rocket down if it travels into South Korean territory, the local Yonhap news agency reported. On Sunday, Obama appealed to China, North Korea's only major ally, to use its influence with Pyongyang to rein in its nuclear program. Chinese President Hu Jintao said the North Korean issue was "very complicated and sensitive". "We do not hope to see a reversal of the hard-won momentum of relaxation of tension on the peninsula," Hu said, according to the official Xinhua news agency. Obama accused Iran of having taken the "path of denial, deceit and deception" in the past but said there was still time for a diplomatic solution and that Tehran had to act with a "sense of urgency". "Time is short," Obama said, referring to the prospects of renewed negotiations between Iran and world powers. "Iran's leaders must understand that there is no escaping the choice before it." Tehran says its nuclear program is purely peaceful, but Israel and Western nations believe it is moving towards a nuclear bomb that could change the regional balance of power. Obama has urged Israel to hold off on any pre-emptive strikes on Iran's nuclear sites to give sanctions and diplomacy more time to work. GENTLE APPROACH Obama came into office in 2008 declaring nuclear disarmament policy a major theme of his presidency, but momentum has slowed with the approach of the 2012 presidential election He unveiled a revamped policy in 2010 renouncing development of new nuclear weapons and restricting use of those already in Washington's arsenal. He followed that up by signing the START treaty with Russia. Obama secured commitments from world leaders at the inaugural 2010 Nuclear Security Summit in Washington to help keep bomb-grade material out of terrorists' hands, and independent experts say most of the pledges are being met -- though many were modest in scope. He hopes to build on that in Seoul but is also likely to take a gentle approach with U.S. partners like Pakistan, whose nuclear materials are considered among the biggest areas of risk because of the internal security threat posed by militants. Underscoring a U.S. sense of caution, defense and national security officials have spent months debating a secret set of new options being prepared for Obama to help guide future arms-control talks. Ideas range from maintaining the status quo to reducing warheads by up to 80 percent, an official has said. But the administration appears reluctant to push publicly on such a divisive issue as his re-election campaign gathers pace. (Additional reporting by Yoo Choonsik and Jack Kim; Editing by Nick Macfie) World Russia North Korea Aerospace & Defense Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (4) UnPartisan wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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