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,
Presidency of Ronald Reagan treaty also established an inspections regime designed to ensure that both parties honored the agreement. In addition to the INF Treaty, Reagan and Gorbachev discussed a potential strategic arms treaty, known as START, but SDI continued to be a major point of contention. In May 1988, the Senate voted 93-to-5 in favor of ratifying the INF Treaty. Though it was attacked by conservatives like Jesse Helms, the INF Treaty provided a major boost to Reagan's popularity in the aftermath of the Iran–Contra Affair. A new era of trade and openness between the two powers commenced, and the U.S. and the