This file contains a transcript of a meeting led by Saddam Hussein on Ronald Reagan's speech regarding US arms sales to Iran. The participants discuss the arms sales and their rationale, the Iran-Iraq War, the Israeli role in US policy, the Iranian intelligence services, and the state of Iraq's relations with other Arab countries.

In this meeting, Saddam and his advisers discuss the implications of US arms sales to Iran in 1985-1986. They consider the diplomatic and military ramifications of the sales, discuss possible responses, and speculate as to Washington's motives in making these sales.