Nuclear Weapons Reduction Act of 1992

Nuclear Weapons Reduction Act of 1992 - Declares that it shall be the goal of the United States to: (1) significantly and continuously reduce the number of nuclear weapons in all countries through a stage-by-stage process; (2) achieve, through negotiations with former Soviet republics, the elimination of all nuclear weapons in such republics, except for the Russian Federation, as soon as possible; (3) reach agreement as soon as possible with the Russian Federation to reduce the number of nuclear weapons in each country's arsenal to a level of approximately 2,500 warheads; (4) begin negotiations with the Russian Federation, the United Kingdom, France, and China to further reduce the number of such weapons to approximately 1,000 weapons each for the Russian Federation and the United States, with lower levels for the other countries; (5) conduct negotiations with such countries and with other countries to make further reductions in nuclear arsenals; (6) provide immediate U.S. assistance to disable, transport, store, and dismantle former Soviet nuclear weapons and missiles and to identify alternative employment opportunities for former Soviet nuclear weapons designers and technicians; (7) achieve a worldwide, verifiable agreement to end by 1995 the production of plutonium and highly enriched uranium for weapons purposes and to place existing stockpiles under bilateral or international controls; and (8) strengthen and expand multilateral regimes to prevent countries from developing nuclear weapons or their components and to create international mechanisms to enforce these regimes.