MOSCOW - Moscow is ready to work with the U.S. administration under reelected president Barack Obama on the base of equality, mutual benefit and respect, Russian Foreign Minister Sergei Lavrov said Wednesday.
"Naturally, we will continue to work with this administration. We are ready to go as far as the U.S. administration is willing to go," Lavrov said in an interview with Moscow News.

He said Russia and the United States have many common interests as well as some disagreements.

Lavrov recalled that President Vladimir Putin and his U.S. counterpart Obama both put an emphasis on bilateral economic cooperation, saying Putin proposed to create a mechanism for monitoring investment climates in the two countries. "This idea has not been implemented so far for apparent reasons, but it remains on our agenda," the Russian top diplomat said, adding that as soon as the administration in Washington is reshuffled, they would push through the proposal.

Meanwhile, the minister also hailed the implementation of the New Strategic Arms Reduction Treaty (START) signed by the two countries in 2010.

"We are completely satisfied with how the New START is being implemented into practice. I understand, the Americans are satisfied, too," he said. Lavrov noted that Moscow saw no reason to question the results of the U.S. presidential elections, in which the incumbent Obama defeated his Republican challenger Mitt Romney to secure a second term in the White House.

In recent years, Russian and the United States have witnesses a "reset" in relations launched by Obama and then Russian President Dmitry Medvedev in 2009.

However, relations between Moscow and Washington have cooled since Putin voiced plans to return to the Kremlin for a third term. (Xinhua)