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
Ronald Reagan sure its total cost would reach in the trillions of dollars. Reagan encouraged Congress to think of it as billions of new dollars spent in individual districts. If SDI worked, thousands of Soviet nuclear-armed missiles would be worthless — if launched, they could all be shot down. Gorbachev made it his highest priority to get Reagan to abandon SDI. Meanwhile, Reagan escalated the rhetoric. In his famous 1983 speech to religious fundamentalists he outlined his strategy for victory. First, he labeled the Soviet system an "Evil empire" and a failure—its demise would be a godsend for the world. Second, Reagan