British Prime Minister Margaret Thatcher called for a European Magna Carta to guarantee basic freedoms to all Europeans.

She called for an East-West summit conference this fall to write a document extending the freedoms of speech, worship, access to the law, free markets and democratic rights to all European citizens."Communism is broken, utterly broken. Soviet citizens are talking democracy," Thatcher told the final session Sunday of The Aspen Institute. She received the institute's Statesman Award.

"The unity and strength which we in the West have found from joining together in defense can now be turned to serve more positive and ambitious purposes," she said.

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