Embassy of the United Kingdom, Reykjavík first British Embassy was Höfði (best known as the location for the 1986 Reykjavík Summit meeting of Ronald Reagan and Mikhail Gorbachev). In the 1950s the Embassy was moved to its current location on Laufásvegur street. In 1968, the British Government bought Laufásvegur 31 and the old farmhouse which was there was donated to the Reykjavik Museum and moved to the heritage site at Árbæjarsafn. When the Embassy was redeveloped in the 1990s, it was decided that the location was too large for Britain's needs and so it looked for another partner to share it with. At the same time
Foreign policy of the Ronald Reagan administration stepped forward to shake his hand and to offer sincere cooperation." For his role, Gorbachev received the first Ronald Reagan Freedom Award, as well as the Nobel Peace Prize. Foreign policy of the Ronald Reagan administration The foreign policy of the Ronald Reagan administration was the foreign policy of the United States from 1981 to 1989. The main goal was winning the Cold War and the rollback of Communism—which was achieved in Eastern Europe in 1989 and in the end of the Soviet Union in 1991, though most disagree with whom to credit, and how much. It was characterized by