Iceland in the Cold War a summit in Reykjavík in 1986 between United States President Ronald Reagan and Soviet Premier Mikhail Gorbachev, during which they took significant steps toward nuclear disarmament. Only a few years later, in 1991, when Jón Baldvin Hannibalsson was foreign minister, Iceland would become the first country to recognize the independence of Estonia, Latvia, and Lithuania as they broke away from the Soviet Union. The US base served as a hub for transports and communications to Europe, a key chain in the GIUK gap, a monitor of Soviet submarine activity, a linchpin in the early warning system for incoming Soviet attacks,
Mikhail Gorbachev concrete agreement immediately, or for leading to a staged elimination of nuclear weapons. Reagan was persuaded by Richard Perle to reject limits on SDI testing because Perle thought that the far-reaching arms control deal proposed by the Soviets would improve the Soviet domestic economy and have a beneficial impact on the Soviet standard of living. In the long term, nevertheless, this would culminate in the signing of the Intermediate-Range Nuclear Forces (INF) Treaty in 1987, after Gorbachev had proposed this elimination on 22 July 1987 (and it was subsequently agreed on in Geneva on 24 November). In February 1988, Gorbachev