Iceland in the Cold War Iceland, as the United Kingdom conceded to a Icelandic exclusive fishery zone following threats that Iceland would leave NATO. As a result, British fishing communities lost access to rich areas and were devastated, with thousands of jobs lost. The term "cod war" was coined by a British journalist in early September 1958. None of the Cod Wars meets any of the common thresholds for a conventional war, though, and they may more accurately be described as militarized interstate disputes. There is only one confirmed death during the Cod Wars: an Icelandic engineer killed in the Second Cod War. Iceland hosted
Cod a 70% drop over the last 30 years, and if this trend continued, the world’s cod stocks would disappear in 15 years. Åsmund Bjordal, director of the Norwegian Institute of Marine Research disputed the WWF's claim, noting the healthy Barents Sea cod population. Cod (known in Norway as skrei) is among Norway's most important fishery exports and the Barents Sea is Norway's most important cod fishery. In 2015, the Norwegian Seafood Council invited Crown Prince Haakon to take part in opening the year’s cod fishing season on the island of Senja. In 2003, under the new legislative framework of the