Passage: In response 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 in 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 signing of the Intermediate-Range Nuclear Forces Treaty (INF). The INF treaty eliminated all nuclear-armed, ground-launched ballistic and cruise missiles with ranges between 500 and 5,500 kilometers (300 to 3,400 miles) and their infrastructure.

Question: What did Reagan agree to with the Kremlin?
renew talks on economic issues and the scaling-back of the arms race