Foreign relations of Iceland already being prepared. U.S. officials have since then argued that Iceland is in no need of a military presence. NATO allies since then conduct air policing after the U.S. Air Force withdrawal. Foreign relations of Iceland Iceland's closest relations are with Norway and other Nordic states, Canada and the United States. Iceland hosted the historic 1986 Reagan-Gorbachev summit in Reykjavík, which set the stage for the end of the Cold War. Iceland's principal historical international disputes involved disagreements over fishing rights. Conflict with the United Kingdom led to the so-called Cod Wars in 1952–56 because of the extension of the
Moscow Summit (1988) Moscow Summit (1988) The Moscow Summit was a summit meeting between U.S. Pres. Ronald Reagan and General Secretary of the Communist Party of the Soviet Union Mikhail Gorbachev. It was held on May 29, 1988 – June 3, 1988. Reagan and Gorbachev finalized the Intermediate-Range Nuclear Forces Treaty (INF) after the U.S. Senate's ratification of the treaty in May 1988. Reagan and Gorbachev continued to discuss bilateral issues like Central America, Southern Africa, the Middle East and the pending withdrawal of Soviet troops from Afghanistan. Reagan and Gorbachev continued their discussions on human rights. The parties signed seven agreements on