Author (Person) | Nielsen, Nikolaj |
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Series Title | EUObserver |
Series Details | 16.04.13 |
Publication Date | 16/04/2013 |
Content Type | News |
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. |
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Source Link | Link to Main Source http://euobserver.com/economic/119811 |
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Countries / Regions | Iceland |