Foreign relations of Iceland already being prepared. U.S. officials have since then argued that Iceland is in no need of a military presence. NATO allies since then conduct air policing after the U.S. Air Force withdrawal. Foreign relations of Iceland Iceland's closest relations are with Norway and other Nordic states, Canada and the United States. Iceland hosted the historic 1986 Reagan-Gorbachev summit in Reykjavík, which set the stage for the end of the Cold War. Iceland's principal historical international disputes involved disagreements over fishing rights. Conflict with the United Kingdom led to the so-called Cod Wars in 1952–56 because of the extension of the
Presidency of Ronald Reagan intermediate nuclear forces (such as intermediate-range ballistic missiles) and strategic arms (such as intercontinental ballistic missiles). With the framework for an agreement in place, Reagan and Gorbachev met at the 1987 Washington Summit. They signed the Intermediate-Range Nuclear Forces Treaty (INF Treaty), which committed both signatories to the total abolition of their respective short-range and medium-range missile stockpiles. The agreement marked the first time that the United States and the Soviet Union had committed to the elimination of a type of nuclear weapon, though it provided for the dismantlement of only about one-twentieth of the worldwide nuclear weapon arsenal. The