Trade
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Shortage Of Icelandic Wool Across The Country And Abroad
There has been a great demand abroad for Icelandic wool in the epidemic, however suppliers have not been able to meet demands, Fréttablaðið reports. This is due to the machines used to help craft the wool into the typical Icelandic sweaters have…
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PM Unhappy With Foreign Minister’s Take On Russia Trade Ban
There is some disagreement amongst Iceland’s government ministers on the country’s position on the trade ban with Russia. Vísir reports that, in an extensive interview with DV, Minister of Foreign Affairs Gunnar Bragi Sveinsson said that the experience in office that has…
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So What’re These Russian Trade Sanctions I Keep Hearing About?
In March of last year, Iceland joined in internationally coordinated trade sanctions against Russia. The principal advocates were the United States and members of the European Union, but many nations are partaking, including Japan, Australia and Montenegro. These sanctions were put in…