Britain reached an a deal with Iceland and Norway to allow trade to continue unchanged if it leaves the European Union without a deal
The five Nordic countries of Denmark, Norway, Finland, Iceland and Sweden have pitched for a Free Trade Agreement (FTA) with India to increase business ties.
All four members states of the EFTA free trade association conclude in the same way as the Court of Justice of the European Union. Goods from Western Sahara cannot be inluded in free trade agreements with Morocco.
India and Iceland on Tuesday agreed that a trade and economic partnership agreement between India and the EFTA countries would facilitate more economic relations between the two countries.
Iceland Foreign Minister Gunnar Sveinsson said his country is eager to reach a free trade agreement with Japan, calling on Tokyo to take “new steps” in this direction.
A free trade agreement between China and Iceland, the first between Beijing and a European economy, will relax tariffs for Icelandic imports of all industrial products and most agricultural goods, Chinese state media said on Thursday.
Iceland became the first European country to sign a free trade agreement with China in a bid to sell its expertise in geothermal energy to the $7.3 trillion Asian economy.
Iceland will become the first European country to sign free trade agreement with China next week, according to Prime Minister of Iceland Johanna Sigurdardottir who kicked off her visit to Beijing on Friday.
Visiting Chinese Premier Wen Jiabao said Saturday that cooperation between China and Iceland had great potential.
Iceland, one of the world’s largest fish producers, is moving closer to a free trade deal with China, one of the world’s fastest growing consumers of seafood. European fish processors are worried that the price of white fish, salmon and prawns could rise even higher than they are now if China becomes a fish buyer in a big way.
China and Iceland will kick off free trade agreement (FTA) talks next week, and are expected to make substantial progress.
China and Iceland plan to begin formal negotiations on a bilateral free trade agreement soon following successful talks earlier this month.
A local researcher said Thursday that China’s announcement of the launch of feasibility study on a free trade agreement (FTA) with Iceland is "of great significance. "
China and Iceland on Tuesday agreed to start feasibility research on forging a free trade area.