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
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