Khrushchev, speaking to an Albanian delegation, emphasizes that ideology cannot be divorced from practical economic realities. He suggests that Albania must develop its economy, with the support of the Soviet Union, in order to make its workers content, and give off an attractive image of socialism to Arab countries so that socialism may spread into these areas. Khrushchev criticizes Stalin for not recognizing the important link between ideology and economic practicality, and concludes with mentions of current situations in Yugoslavia, Poland and Hungary.

After lightly rebuking Hoxha's choices to use public trials for the executions of political criminals, Khrushchev reassures Hoxha of the Soviet Union's support for Albania, and concludes with a summary of the Soviet Union's current standing in the international sphere.

The Soviet leadership discusses the state of Soviet foreign policy after the Hungarian crisis and Khrushchev’s visit to the US. Molotov criticizes Khrushchev for recklessness in foreign policy direction. Soviet inroads in the Middle East and the Third World are analyzed. The effects of the crises in Eastern Europe are placed in the context of the struggle against US imperialism.

The CPSU CC Politburo meets to discuss the burgeoning crises in Poland and Hungary. Also participating was the leader of Czechoslovakia, Antonin Novotny. Khrushchev described for the Soviet leadership his discussions with Gomulka on the Polish situation. Khrushchev urges patience in dealing with Poland. On the situation in Hungary, Khrushchev tells the Soviet leaders that actions were taken at the request of the Hungarian leadership.

Khrushchev describes the events of the counterrevolution in Hungary and the crisis in Poland. He recounts the CPSU's consultations with other communist parties in the socialist camp to determine their attitude toward Soviet intervention, particularly in Hungary. Leaders from China, Czechoslovakia, Romania, and Yugoslavia agreed with the Soviet position, but Polish leaders opposed the presence of Soviet troops in Hungary. Khrushchev reports that following these meetings, the CPSU CC Presidium decided to prepare for an attack on the counterrevolutionary forces in Hungary. He then reads aloud an open letter which declares the Hungarian Revolutionary Workers and Peasants Government. He gives details about the suppression of the counterrevolution by Soviet armed forces and the positive reaction of the socialist countries. He states that the lessons of the counterrevolution are to improve relations with the fraternal parties and the socialist countries and to treat them with respect; to improve political work among students and the masses so that they are not mislead by counterrevolutionaries; and to strengthen the Soviet Army.