Ronald Reagan explained his strategy was an arms buildup that would leave the Soviets far behind, with no choice but to negotiate arms reduction. Finally, displaying his characteristic optimism, he praised liberal democracy and promised that such a system eventually would triumph over Soviet communism. Reagan appreciated the revolutionary change in the direction of the Soviet policy with Mikhail Gorbachev, and shifted to diplomacy, with a view to encourage the Soviet leader to pursue substantial arms agreements. He and Gorbachev held four summit conferences between 1985 and 1988: the first in Geneva, Switzerland, the second in Reykjavík, Iceland, the third in Washington,
Foreign policy of the Ronald Reagan administration the Communist Party was forced to surrender its 73-year-old monopoly on state power. Soviet hardliners rebelled and staged a coup against Gorbachev, but it failed. Boris Yeltsin rallied Russians in the street while Gorbachev was held hostage. By December 1991, the union-state had dissolved, breaking the USSR up into fifteen separate independent states. Boris Yeltsin became leader of the new Russia. In her eulogy to Ronald Reagan at his funeral, former British Prime Minister Margaret Thatcher, whom Reagan worked very closely with during his tenure in office, said, "Others hoped, at best, for an uneasy cohabitation with the Soviet Union;