Michael Douglas to play former US president Ronald Reagan?

Updated: Aug 31, 2012, 14:59 PM IST

London: Hollywood star Michael Douglas is in talks to play former US president Ronald Reagan in a new independent film.

The 67-year-old Oscar-winning actor, who is a huge supporter of the US Democratic party, is a likely contender to portray the Republican leader in "Reykjavik", a biopic set in 1986 soon after the Chernobyl nuclear disaster, reported Sun online.

The film will focus on the peace talks between Reagan and the then-Soviet leader Mikhail Gorbachev held in the Icelandic capital at the time.

British director Mike Newell is in talks to helm the project and Ridley Scott and David W Zucker will produce it.

Douglas, who successfully beat throat cancer after being diagnosed with it in 2010, has just finished filming biopic "Behind the Candelabra", the Steven Soderbergh-directed film based on the life of famous American pianist and vocalist Liberace.

Next year, Douglas, who is married to actress Catherine Zeta-Jones, will be seen in "Haywire" and "Last Vegas", a comedy which also stars Robert De Niro, Morgan Freeman and Kevin Kline.