Iceland is part of Northern Europe with about 318 thousand inhabitants and is highly dependent on international trade. Britain is Iceland’s tenth largest supplier with a 5.1 % share of the country’s imports. In 2010 British exports to Iceland amounted to £ 129 million.
Iceland is a member of the EU internal market through the European Economic Area agreement. The EEA provides for wide-ranging economic co-operation and Iceland’s membership assures foreign investors the basic EU freedom regarding unrestricted movement of goods, persons, services and capital.
Laufasvegur, 31, PO Box 460
121 Reykjavik, Iceland
T: +354 550 5100
F: +354 550 5100
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Posted by John Pearson
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