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July 3, 2009 12:07 PM

Tackling the Summit in Moscow

(AP Photo/Charles Dharapak)
Hoping to revive the cooperative spirit of the early 1990s, Americans are coming to Russia to end a decade of mistrust.

President Barack Obama is expected in Moscow next week to discuss a wide range of issues with his counterpart Dmitry Medvedev and personally press the "reset" button on U.S.-Russia relations.

Hopes for a breakthrough are running high. Both sides have been unhappy about how low relations sank during the Putin-Bush era. Now, the two young presidents need to prove that cooperation on global issues is more than just words.

"Russia could be a partner, a country that would collaborate and make for better prospects for Obama's policies in both places, in Afghanistan and Iran," Dmitry Trenin of the Carnegie Moscow Center told CBS News. "Again, there is nothing more serious, nothing more important at this point for the administration than this."

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