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
Murray cod pressure, number of fishermen, number of nets, net mesh size, bag limits, minimum size limits and take of small cod, closed seasons and the taking of spawning cod full of eggs during spring, and other sundry issues, raged on and on without proper resolution, with fishing regulations either not amended, or amended and largely unenforced and completely ignored, and with heavy commercial, recreational and illegal fishing pressure continuing unrelenting and unabated. The end result was a Murray cod population, initially unimaginably abundant, continually fished down and down and down without pause, until in the early to mid 20th century a