The Einstein equations for spacetimes with two commuting spacelike Kil
ling field symmetries are studied from a Hamiltonian point of view. Th
e complexified Ashtekar canonical variables are used, and the symmetry
reduction is performed directly in the Hamiltonian theory, The reduce
d system corresponds to the field equations of the SL(2,R) chiral mode
l with additional constraints. On the classical phase space, a method
of obtaining an infinite number of constants of motion, or observables
, is given. The procedure involves writing the Hamiltonian evolution e
quations as a single ''zero curvature'' equation and then employing te
chniques used in the study of two-dimensional integrable models. Two i
nfinite sets of observables are obtained explicitly as functionals of
the phase space variables. One set carries sl(2,R) Lie algebra indices
and forms an infinite-dimensional Poisson algebra, while the other is
formed from traces of SL(2,R) holonomies that commute with one anothe
r. The restriction of the (complex) observables to the Euclidean and L
orentzian sectors is discussed. It is also shown that the sl(2,R) obse
rvables can be associated with a solution-generating technique which i
s linked to that given by Geroch.