Iceland in the Cold War a summit in Reykjavík in 1986 between United States President Ronald Reagan and Soviet Premier Mikhail Gorbachev, during which they took significant steps toward nuclear disarmament. Only a few years later, in 1991, when Jón Baldvin Hannibalsson was foreign minister, Iceland would become the first country to recognize the independence of Estonia, Latvia, and Lithuania as they broke away from the Soviet Union. The US base served as a hub for transports and communications to Europe, a key chain in the GIUK gap, a monitor of Soviet submarine activity, a linchpin in the early warning system for incoming Soviet attacks,
Foreign policy of the Ronald Reagan administration to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" The last sentence became "the four most famous words of Ronald Reagan's Presidency." Reagan later said that the "forceful tone" of his speech was influenced by hearing before his speech that those on the East side of the wall attempting to hear him had been kept away by police. The Soviet news agency wrote that Reagan's visit was "openly provocative, war-mongering." The East-West tensions that had reached intense new heights earlier in the decade rapidly subsided through the mid-to-late 1980s. In 1988, the Soviets officially declared