Iceland signs first European free trade pact with China

Author (Person)
Series Title
Series Details 16.04.13
Publication Date 16/04/2013
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Iceland on 15 April 2013 became the first European country to sign a free trade agreement with China after six years of negotiations.

A joint-statement noted the two sides want 'to enhance their exchange and practical co-operation on the Arctic' and 'further deepen their mutually beneficial co-operation in the fields of trade and investment'.

China is now Iceland’s fourth biggest importing country and the biggest trading partner in Asia. The deal could see an additional boost to the trade figures as Iceland continues to recover from a banking sector that collapsed in 2008 and saw its economy in ruins.

Source Link Link to Main Source http://euobserver.com/economic/119811
Related Links
ESO: Background Information: Iceland’s president welcomes Chinese interest http://www.europeansources.info/record/icelands-president-welcomes-chinese-interest/
Morgunblaðið / The Wall Street Journal Europe / Trouw, 16.04.13: Reykjavik pioneers free-trade with Beijing http://www.presseurop.eu/en/content/news-brief/3682441-reykjavik-pioneers-free-trade-beijing
The Guardian, 17.04.13: China should have a say in the future of the Arctic - Iceland President http://www.guardian.co.uk/environment/2013/apr/16/china-future-arctic-iceland
Iceland: Ministry of Foreign Affairs: Press Release, 15.04.13: Iceland First European Country to Sign Free Trade Agreement with China http://www.mfa.is/news-and-publications/nr/7655
Iceland: Ministry of Foreign Affairs: Fact Sheet on Free Trade Agreement between Iceland and China http://www.mfa.is/media/fta-kina/China_fact_sheet_enska_15042013_Final.pdf
Iceland: Ministry of Foreign Affairs: Text of Free Trade Agreement between Iceland and China http://www.mfa.is/foreign-policy/trade/free-trade-agreement-between-iceland-and-china/

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