New Opportunities for Investors
The FTA opportunities are added value to Iceland‘s already established value proposition for foreign investors consisting of long terms contracts for competitively priced renewable energy, strategic location between North America and Europe, European business legislation and tariff free access to the European inner market as part of European Economic Area, advanced infrastructure, abundance of land and skilled labour force.
Both Chinese investors, looking for opportunities to sell their products and services to Europe, and investors from the US, Canada and Europe, interested in the fast growing Chinese market, have been exploring the possibility of establishing production or value added operations in Iceland.
Fish products are important in Iceland and the FTA offers opportunities to increase the seafood trading even further bearing in mind that prior to the agreement the tariffs were up to 18 percent on export of seafood. In general an FTA serves to lower the prices for consumers in both countries, and to enable a greater market reach by eliminating tariffs.
- December 12, 2014
Strengthening the Iceland-China Partnership
As part of China National BlueStar (Group) Co, Ltd., Elkem Iceland has become ... - December 12, 2014
An Unbreakable Transport Chain from Iceland to China
2014 has proven to be a momentous year for Eimskip, Iceland’s oldest shipping... - December 12, 2014
MP Banki leading Icelandic Investment Bank
Following the financial crisis of 2008, Iceland’s successful recovery remains... - December 12, 2014
Driving Cross-Border Interest between China and Iceland
The Icelandic economy has emerged from the financial crisis as a more resilien... - December 12, 2014
A Dynamic Approach to Business
As one of Iceland’s leading online and e-commerce payment solutions companies... - December 12, 2014
Bottled at the Source in Pristine and Majestic Iceland
Located in the North Atlantic at the center of the Eurasian and North American...