We could still have continued the arms race, but the arms race was pointless, and it was another reason we decided to start perestroika. It was senseless to continue to accumulate weapons. We had enough weapons to destroy life on Earth 1,000 times, and therefore it was very clear to us that the arms race could spiral out of control. A conflict could have started, as both the Americans and the Soviets realized, not out of a wrong political decision but because of a failure in the command-and-control systems.

Many people who live in big countries like ours thought that we had resources that would work for us for many, many years, but that was a mistake. Our natural wealth corrupted us. In this country, you were among the first to raise environmental issues. In Russia, despite all of its problems today, people are concerned about the environment, and it's become a central issue on the agenda.

Life punishes those who come too late.

It sometimes seems to me that some of our Western partners do not want Russia to fully recover. They would like Russia to be in a subdued state, and they want Russian resources to be used for the benefit of the U.S. economy.

Sometimes its difficult to accept, to recognise ones own mistakes, but one must do it. I was guilty of overconfidence and arrogance, and I was punished for that.

Our rockets can find Halley's comet, and fly to Venus with amazing accuracy, but side by side with these scientific and technical triumphs is an obvious lack of efficiency in using scientific achievements for economic needs. Many Soviet household appliances are of poor quality.

Further global progress is now possible only through a quest for universal consensus in the movement towards a new world order.