Iceland and UK strike Brexit trade deal
“That’s the goal. Of course we have no say in how the British and the European Union negotiate between themselves; so if, for example, there were to be trade barriers between the EU and UK, it could have some indirect effect on Icelandic trade, both in Britain and Europe, but hopefully that won’t happen,” Guðlaugur Þór said this morning—adding that Iceland has been emphasising the importance of seamless trade in its dealings with both parties.
“We have had good communication, not only with the British authorities but also with the EU and EFTA countries. Our message since day one has been that nobody wins from barriers to trade,” he says.
The deal achieved between the UK and Iceland & Norway last night, for continued trade on current terms in the event of a no-deal Brexit, joins a similar contract the UK has already signed with Switzerland and Liechtenstein.
The UK is due to leave the EU in ten days’ time and has yet to secure an exit deal or an extension to Article 50.