Iceland in the Cold War the military protection of the United States, even if the economic benefits of the US military presence are gone. With the withdrawal of US forces, the country's military co-operation with other allied NATO countries, such as Norway, has increased. Iceland in the Cold War Throughout the Cold War, the nation of Iceland was a member of the North Atlantic Treaty Organisation (NATO) and allied with the United States, hosting a US military presence in Keflavík Air Base from 1951 to 2006. In 1986, Iceland hosted a summit in Reykjavík between United States President Ronald Reagan and Soviet Premier Mikhail Gorbachev,
Presidency of Ronald Reagan troops since the end of the Vietnam War. The administration also created controversy by granting aid to paramilitary forces seeking to overthrow leftist governments, particularly in war-torn Central America and Afghanistan. Specifically, the Reagan administration engaged in covert arms sales to Iran to fund Contra rebels in Nicaragua that were fighting to overthrow their nation's socialist government; the resulting scandal led to the conviction or resignation of several administration officials. During Reagan's second term, he sought closer relations with Soviet leader Mikhail Gorbachev, and the two leaders signed a major arms control agreement known as the INF Treaty. Leaving office