Borgartún was the house of the French consul in Iceland. It was the place of the Iceland Summit when Ronald Reagan and Mikhail Gorbachev met there in 1986. It is now mainly used for ceremonies for the Reykjavík City municipality. The western end of Borgartún houses a complex of buildings where the offices of many departments of the Reykjavík city government, including a centralised service centre, are housed. The service centre is home to the Icelandic national registry, Þjóðskrá Íslands. Borgartún Borgartún is a street in Reykjavík, Iceland, that in years leading up to the country's economic crisis became the centre
Foreign policy of the George H. W. Bush administration propose both the World Bank and IMF partner with the Soviet Union to grant the USSR a special association which would grant it access to "considerable financial and economic expertise of those institutions." Another summit was held in July 1991, where the Strategic Arms Reduction Treaty (START I) was signed by Bush and Gorbachev in Moscow. The treaty took nine years in the making and was the first major arms agreement since the signing of the Intermediate Ranged Nuclear Forces Treaty by Reagan and Gorbachev in 1987. The contentions in START would reduce the strategic nuclear weapons of the United