Transcript: Q&A by Obama, Brown

So the way it got characterized I think was as some sort of quid pro quo. It was simply a statement of fact that I’ve made previously, which is, is that the missile defense program, to the extent that it is deployed, is designed to deal with not a Russian threat, but a Iranian threat.

Question: -- response have you received from Russia?

President Obama: We’ve had a good exchange between ourselves and the Russians. I’ve said that we need to reset or reboot the relationship there. Russia needs to understand our unflagging commitment to the independence and security of countries like a Poland or a Czech Republic. On the other hand, we have areas of common concern. And I cited two examples: the issue of nuclear nonproliferation and the issue of terrorism. And at this point, I think we probably have some potential common concerns on the world economic front, as well.

So my hope is, is that we can have a constructive relationship where, based on common respect and mutual interest, we can move forward.

Prime Minister Brown: Nick.

Question: Nick Robinson, BBC News. Mr. President, it’s often been said that you, unlike many of your predecessors, have not looked toward Europe, let alone Britain. Can you just respond to that comment? And also, the Prime Minister is talking to you about a global new deal today. Will that actually help hard-pressed American consumers?

And if I may briefly put a question to the Prime Minister.

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