Cod Wars in a gesture of goodwill and sign of friendship between the cities of Hull and Reykjavík. The event was part of a project by Hull Museums on the history between Iceland and the United Kingdom during and after the Cod Wars. Cod Wars The Cod Wars (, "the cod wars", or "Landhelgisstríðin", "the wars for the territorial waters") were a series of confrontations between the United Kingdom and Iceland on fishing rights in the North Atlantic. Each of the disputes ended with an Icelandic victory. The Third Cod War concluded in 1976, with a highly favourable agreement for Iceland; the
Harold Innis and the cod fishery method of curing their catches onshore, then transporting the dried fish to Mediterranean countries where there was a demand for a higher protein diet. This combined with consumer preferences for dried fish over cod packed in brine meant higher prices, especially in Catholic countries where the church required the regular consumption of fish. Thus, dried cod sold in Spain allowed England to receive substantial amounts of the precious metals that the Spanish were bringing from their colonies in the New World. "Cod from Newfoundland was the lever by which she [England] wrested her share of the riches of the New