Starting from the Ashtekar Hamiltonian variables for general relativit
y, the self-dual Einstein equations (SDE) may be rewritten as evolutio
n equations for three divergence-free vector fields given on a three-d
imensional surface with a fixed volume element. From this general form
of the SDE, it is shown how they may be interpreted as the field equa
tions for a two-dimensional field theory. It is further shown that the
se equations imply an infinite number of non-local conserved currents.
A specific way of writing the vector fields allows an identification
of the full SDE With those of the two-dimensional chiral model, with t
he gauge group being the group of area-preserving diffeomorphisms of a
two-dimensional surface. This gives a natural Hamiltonian formulation
of the SDE in terms of that of the chiral model.