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Mr. Obama and Mr. Medvedev still need to talk once more to finalize the agreement, but officials were optimistic that the deal was nearly done.
The two sides have discussed a signing ceremony in Prague in early April, marking the anniversary of the first meeting between the two presidents and of Mr. Obama’s speech outlining his vision for eventually eliminating nuclear weapons.
The treaty would require each side to reduce deployed strategic nuclear warheads to roughly 1,600, down from 2,200 now, officials have said. It would also oblige each side to reduce its arsenal of strategic bombers and land- and sea-based missiles to 800, half the old limit of 1,600.