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,
Foreign policy of the Ronald Reagan administration crisis and stated that the Soviet Union "runs against the tide of history by denying human freedom and human dignity to its citizens." This was before Gorbachev rose to power in 1985. Reagan later wrote in his autobiography "An American Life" that he "did not see the profound changes that would occur in the Soviet Union after Gorbachev rose to power." To confront the Soviet Union's serious economic problems, Gorbachev implemented bold new policies for freedom and openness called glasnost and perestroika. Reagan relaxed his aggressive rhetoric toward the Soviet Union after Gorbachev became chairman of the Soviet Politburo in