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
Cod fisheries When cooked, cod is moist and flaky. Cod livers are processed to make cod liver oil. Cod are currently at risk from overfishing. In the United Kingdom, Atlantic cod is one of the most common kinds of fish to be found in fish and chips, along with haddock and plaice. It is also well known for being widely consumed in Portugal and the Basque Country, where it is considered a treasure of the nation's cuisine. Cod are highly prolific, producing several million eggs at each spawning. This contributes to their high population numbers, which, in turn, makes commercial fishing relatively