Today's global security system does not work - Medvedev

ST. PETERSBURG. Oct 3 (Interfax-AVN) - The recent bloody events in Georgia "have shown that the current system of global security is today incapable of preventing military gambles, but we must do everything possible to create a reliable modern architecture for such security for the future," Russian President Dmitry Medvedev said on Thursday.

Medvedev, who was speaking at a news conference in St. Petersburg after a Russian-German summit, also praised Germany's contribution to the European Union's monitoring mission in Georgia. "The activities of the mission in that region are, or course, a factor of overall stability," he said.

"The implementation of all these tasks should, in our view, be facilitated by the new approach - I have in mind the new legally binding treaty on European security," the Russian president said.

"I hope that this issue will continue to be a subject for interested discussion. I hope that the supporters of this idea will increase in number," Medvedev said.