Foreign relations of Iceland 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 fishing zone from 3 to 4 nautical miles (6 to 7 km), 1958–61 because of extending the fishing zone to 12 nautical miles (22 km) in 1972–73 because of its further extension
Cod fisheries needed and areas where opposite observations were gaining press attention. In effect, DFO's opposition to a listing compromised its ability to carry out its conservation mandate. The ban on Canadian cod fishing was partly lifted in 1997 by the Minister for DFO just ten days prior to a federal election, despite that independent Canadian scientists and the International Council for the Exploration of the Sea doubted there had been sufficient recovery. In general, depleted populations of cod and other gadids do not appear to recover easily when fishing pressure is reduced or stopped. In 2003, COSEWIC in an update designated