Reykjavík Summit productive discussion for the first time. An agreement by Gorbachev to on-site inspections, a continuing American demand which had not been achieved in the Partial Test Ban Treaty of 1963 or the ABM and SALT I pacts of 1972, constituted a significant step forward. Despite its apparent failure, participants and observers have referred to the summit as an enormous breakthrough which eventually facilitated the INF Treaty (Intermediate-Range Nuclear Forces Treaty), signed at the Washington Summit on 8 December 1987. Reykjavík Summit The Reykjavík Summit was a summit meeting between U.S. President Ronald Reagan and General Secretary of the Communist Party
Foreign policy of the George H. W. Bush administration propose both the World Bank and IMF partner with the Soviet Union to grant the USSR a special association which would grant it access to "considerable financial and economic expertise of those institutions." Another summit was held in July 1991, where the Strategic Arms Reduction Treaty (START I) was signed by Bush and Gorbachev in Moscow. The treaty took nine years in the making and was the first major arms agreement since the signing of the Intermediate Ranged Nuclear Forces Treaty by Reagan and Gorbachev in 1987. The contentions in START would reduce the strategic nuclear weapons of the United