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
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