In December of 1987, President Ronald Reagan met with Soviet leader Mikhail Gorbachev in Washington.
According to Soviet news agency TASS, a Moscow couple welcomed twin boys during the summit (on December 8) and named them Ronald and Mikhail for the two leaders.
In May of 1988, there was another Reagan-Gorbachev summit, this time in Moscow.
TASS reported that Latvian parents Romuald and Biruta Saltsevich welcomed a baby boy, their fifth child, during the Moscow summit. They named the baby Ronald in honor of the visiting American president.
Source: “Soviet couple name baby boy Ronald, in honor of president.” Miami News 1 Jun. 1988: 3A.