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 A tightening of fishing regulations for wild Murray cod, as referred to above, and a switch by fishermen to a largely catch and release approach for wild Murray cod would alleviate this problem. Recognising these issues, in late 2014 the New South Wales and Victorian fishery departments amended their regulations so that a slot limit of 55 to 75 cm now applies in these states. (I.e. Only Murray cod between 55 and 75 cm may be taken; those above and below this size range or "slot" must be released.) This measure should have positive effects for the Murray cod population