Cold War to the Kremlin's military and political concessions, Reagan agreed to renew talks on economic issues and the scaling-back of the arms race. The first summit was held in November 1985 in Geneva, Switzerland. At one stage the two men, accompanied only by an interpreter, agreed in principle to reduce each country's nuclear arsenal by 50 percent. A second summit, was held in October 1986, Reykjavík, Iceland. Talks went well until the focus shifted to Reagan's proposed Strategic Defense Initiative, which Gorbachev wanted eliminated. Reagan refused. The negotiations failed, but the third summit in 1987 led to a breakthrough with the
Mikhail Gorbachev over his domestic reforms, Gorbachev was largely hailed in the West for his 'New Thinking' doctrine in foreign affairs. During his tenure, he sought to improve relations and trade with the West by reducing Cold War tensions. He established close relationships with several Western leaders, such as West German Chancellor Helmut Kohl, U.S. President Ronald Reagan, and British Prime Minister Margaret Thatcher, who famously remarked, "I like Mr. Gorbachev; we can do business together". Gorbachev understood the link between achieving international détente and domestic reform and thus began extending "New Thinking" abroad immediately. On 8 April 1985, he announced the