Cod Wars 30,000 tons. While Iceland came closest to withdrawing from NATO and expelling US forces in the Second Cod War, Iceland actually took the most serious action in all of the Cod Wars in the Third Cod War by ending diplomatic relations with the United Kingdom on 19 February 1976. Although Icelandic government was firmly pro-Western, the government linked Iceland's NATO membership with the outcomes of the fishery dispute. If a favorable outcome could not be reached, Iceland implied that it would withdraw from NATO. However, the government never explicitly linked the US Defence Agreement to the outcome of the dispute.
Cod fishing in Newfoundland Cod fishing in Newfoundland Cod fishing in Newfoundland was carried out at a subsistence level for centuries, but large scale fishing began shortly after the European discovery of the North American continent in 1492, with the waters being found to be preternaturally plentiful, and ended after intense overfishing with the collapse of the fisheries in 1992. The Beothuk (called Skraelings by the Vikings) were the native people of Newfoundland, and survived on a diet of caribou, marine mammals and fish. With the arrival of British and French coastal settlements, the Beothuk were forced inland, and the lack of their normal