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,
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