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    Home > Headlines > Explainer-What is the New START nuclear treaty and why does its expiry matter?
    Headlines
    Explainer-What is the New START nuclear treaty and why does its expiry matter?

    Published by Global Banking and Finance Review

    Posted on January 30, 2026

    4 min read

    Last updated: January 30, 2026

    Explainer-What is the New START nuclear treaty and why does its expiry matter? - Headlines news and analysis from Global Banking & Finance Review
    Tags:international financial institutionfinancial stabilityInvestment managementfinancial marketsCapital Markets

    Quick Summary

    The New START Treaty, expiring soon, limits US-Russia nuclear arms. Its expiry could end decades of control, risking an arms race.

    Table of Contents

    • Overview of the New START Treaty
    • Key Signatories and Provisions
    • Challenges of Compliance
    • Consequences of Expiry
    • Future of Nuclear Agreements

    Understanding the New START Treaty and Its Expiry Significance

    Overview of the New START Treaty

    By Mark Trevelyan

    Jan 30 (Reuters) - The last Russia-U.S. nuclear arms control treaty, known as New START, is due to expire on February 5.

    Here is a guide to the treaty and why it matters.

    Key Signatories and Provisions

    WHO SIGNED NEW START, AND WHAT DOES IT SAY?

    New START was signed in 2010 by U.S. President Barack Obama and Dmitry Medvedev, an ally of Vladimir Putin who served a single term as Russia's president. At the time, relations between the two countries were undergoing a "reset". The treaty came into force the following year.

    The treaty sets limits on strategic nuclear weapons - the kind that each side would use to strike the opponent's vital political, military and industrial centres in the event of a nuclear war. It caps the number of deployed strategic warheads at 1,550 on each side, with no more than 700 deployed ground- or submarine-launched missiles and bomber planes, and 800 launchers.

    Challenges of Compliance

    WHAT STOPS EITHER SIDE FROM CHEATING?

    The treaty included a system of short-notice, on-site inspections so each side could satisfy itself that the other was complying. But in 2023, Putin suspended Moscow's participation because of U.S. support for Ukraine in the war with Russia. That brought a halt to inspections - which in any case had been suspended during the COVID pandemic - and forced each side to rely on its own intelligence assessments of what the other was doing. However, neither has accused the other of breaching the warhead limits, which remain in force.

    WHY DON'T THE TWO SIDES JUST EXTEND THE TREATY?

    The treaty text says it can only be extended once, and this has already happened - in 2021, just after Joe Biden became U.S. president. With expiry looming, Putin proposed last September that each side should agree informally to stick to the warhead limits for another year. U.S. President Donald Trump has yet to respond formally to that suggestion.

    WILL TRUMP ACCEPT PUTIN'S PROPOSAL?

    We don't know yet, and time is running short. In the U.S., there are arguments for and against accepting it. Those in favour say it would demonstrate political will to avoid an arms race and buy time to figure out what happens next. Others say the U.S. should free itself now from the New START limits in order to boost its arsenal to take account of a rapid nuclear build-up by China, and that doing otherwise would send a signal of weakness.

    Consequences of Expiry

    WHY DOES IT MATTER IF THERE'S NO TREATY?

    If Moscow and Washington cease observing mutual limits on their long-range nuclear arsenals, it will mark the end of more than half a century of constraints on these weapons. The expiry of New START leaves a void, as no talks have taken place on a successor. Arms control advocates fear that raises nuclear risks, especially at a time of heightened international tension because of wars in Ukraine and the Middle East. Experts say the value of nuclear treaties lies not just in setting numerical limits but in creating a stable, transparent framework to prevent arms races from spiralling out of control.

    Future of Nuclear Agreements

    WITHOUT A REPLACEMENT DEAL, WHAT MIGHT BOTH SIDES DO?

    Each side would be free to increase its missile numbers and deploy hundreds more strategic warheads. However, experts say this poses some technical and logistical challenges and would not happen overnight - it would take at least the best part of a year to make significant changes. Longer term, the concern is that an unregulated arms race would ensue, in which each side would keep on adding weapons based on worst-case assumptions about what the other was planning.

    WHAT WOULD IT TAKE TO AGREE A REPLACEMENT TO NEW START?

    Trump says he wants a new, better treaty but experts say this would be a long, hard process. A successor treaty would probably need to address other classes of nuclear weapons including short- and intermediate-range, as well as "exotic" new systems that Russia has developed since New START was agreed, such as the Burevestnik cruise missile and Poseidon torpedo.

    Apart from the fact such deals are complex and technical, there isn't even agreement on who should take part. While Trump has stated he wants to pursue "denuclearisation" with both Russia and China, Beijing says it is unreasonable and unrealistic to ask it to join three-way talks with countries whose arsenals are still many times larger than its own. Russia says the nuclear forces of NATO members Britain and France should also be up for negotiation, which those countries reject.

    (Reporting by Mark TrevelyanEditing by Peter Graff)

    Key Takeaways

    • •The New START Treaty limits strategic nuclear weapons between the US and Russia.
    • •The treaty is set to expire on February 5, raising concerns.
    • •Inspections were halted due to geopolitical tensions and the pandemic.
    • •Without renewal, an unregulated arms race may occur.
    • •A successor treaty would need to address various nuclear weapon classes.

    Frequently Asked Questions about Explainer-What is the New START nuclear treaty and why does its expiry matter?

    1What is arms control?

    Arms control is a set of international agreements aimed at regulating the development, production, stockpiling, and use of weapons, particularly nuclear arms.

    2What is the significance of nuclear treaties?

    Nuclear treaties are significant as they help to reduce the risk of nuclear conflict, promote transparency, and establish frameworks for disarmament and arms control.

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