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Second Bush-Yeltsin summit
Washington D.C., USA
17 June 1992
 

Joint Russian-American
Declaration on Defense Conversion
 
The United States of America and the Russian Federation recognize that defense conversion is a key challenge of the post Cold War era and essential for building a democratic peace. Both parties realize the hardships involved in defense conversion efforts. But the parties realize, too, that the successful conversion of resources no longer needed for defense is in the long-term economic and national security interests of their peoples. Therefore, the United States of America and the Russian Federation declare their intention to devote priority to cooperation in advancing defense conversion. 

[...]

The parties strongly encourage the expansion of bilateral defense and military contacts and the work of the North Atlantic Cooperation Council in addressing the full range of military issues that are critically linked to the success of conversion including civilian control of the military in a democracy; defense planning, budgeting, and procurement in a market economy; base closings and conversions; and demobilization and retraining as well as social protection.