"We should, however, also pursue a broad, permanent multilateral agreement on this issue. We will also seek to establish Soviet willingness to reach agreement with us on mutual military restraint in the Indian Ocean, as well as on such matters as arms exports to the troubled areas of the world. In proposing such accommodations I remain fully aware that American-Soviet relations will continue to be highly competitive--but I believe that our competition must be balanced by cooperation in preserving peace, and thus our mutual survival. I will seek such cooperation with the Soviet Union--earnestly, constantly, and sincerely. However, the effort to contain the arms race is not a matter just for the United States and Soviet Union alone. There must be a wider effort to reduce the flow of weapons to all the troubled spots of this globe. Accordingly, we will try to reach broader agreements among producer and consumer nations to limit the export of conventional arms, and we, ourselves, will take the initiative on our own because the United States has become one of the major arms suppliers of the world. We are deeply committed to halting the proliferation of nuclear weapons. And we will undertake a new effort to reach multilateral agreements designed to provide legitimate supplies of nuclear fuels for the production of energy, while controlling the poisonous and dangerous atomic wastes. Working with other nations represented here, we hope to advance the cause of peace."