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
Mikhail Gorbachev Intermediate-Range Nuclear Forces Treaty, saying the move "is not the work of a great mind." Gorbachev also said that "all agreements aimed at nuclear disarmament and the limitation of nuclear weapons must be preserved for the sake of life on Earth." Gorbachev signed the U.S.-Soviet nuclear disarmament treaty in 1987 with President Ronald Reagan. Gorbachev hailed the George H.W. Bush’s role in helping end the Cold War following the news of the former President's death, saying: "We had a chance to work together during the years of tremendous changes. It was a dramatic time that demanded great responsibility from everyone.