Ronald Reagan: “Opportunities to address important problems of Soviet-American relations should not be squandered.”

I expressed to President Gorbachev my confidence that the work we began together at Geneva in 1985 will continue under the Bush administration.

This is a great day.

These unilateral reductions would, however, give a long-awaited encouragement for our efforts to achieve the genuine balance in conventional forces that would assure greater security and stability in Europe.

I am delighted that later today I'll have the opportunity to welcome President Gorbachev to the United States and extend to him the hospitality and good wishes of the American people.