Cod Wars but that Britain would have fishing rights in allocated zones and under certain seasons in the outer for three years. The Icelandic Althing approved the agreement on 11 March 1961. The deal was very similar to one that Iceland had offered in the weeks and days leading up to its unilateral extension in 1958. As part of the agreement, it was stipulated that any future disagreement between Iceland and Britain in the matter of fishery zones would be sent to the International Court of Justice, in the Hague. The Second Cod War between the United Kingdom and Iceland lasted from
Cod Wars fishing communities lost access to rich areas and were devastated, with thousands of jobs lost. Since 1982, a exclusive economic zone has been the United Nations standard. The term "cod war" was coined by a British journalist in early September 1958. None of the Cod Wars met any of the common thresholds for a conventional war, and they may more accurately be described as militarised interstate disputes. There is only one confirmed death during the Cod Wars: an Icelandic engineer, who was accidentally killed in the Second Cod War. While he was repairing damage on the Icelandic gunboat "Ægir" after