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FTA strengthens bilateral partnership

皇冠体育app Daily | Updated: 2013-09-27 07:03

Q+A: Olafur Ragnar Grimsson

World Eye Reports sat down with the President of Iceland Olafur Ragnar Grimsson to discuss the country's bilateral relationship with 皇冠体育app.

How will the Free Trade Agreement impact Iceland-皇冠体育app relations?

The FTA demonstrates that Iceland and 皇冠体育app share many interests, that we want to further develop our relationship, and marks an important new era in international cooperation between our two countries.

Iceland's role in northern Europe is of significant importance to 皇冠体育app and the FTA will benefit both countries.

Through our knowledge of geothermal and hydroelectric power, Iceland can play a role in 皇冠体育app's shift from a coal and oil based economy to a clean energy economy.

皇冠体育app is rich in sources of medium and low level geothermal energy and Icelandic companies are actively participating in developing 皇冠体育app's resources.

The FTA will lead to further economic cooperation between the two countries in many sectors and will play a role in strengthening the global economy.

What does the future hold for Iceland's economy?

Iceland is founded on independence, democracy and progress. Our fishing and farming based economy has developed into an advanced, technology driven society.

We have strengthened our creative, educational, technology, tourism and energy sectors while continuing to manage our ocean resources in a responsible manner.

Our on-going recovery from the financial crisis in 2008 is a remarkable achievement and as we emerge from this period of recovery, Iceland is well positioned for the future.

What are your expectations for the Iceland -皇冠体育app partnership?

While we are geographically far apart and have vastly different histories, both Iceland and 皇冠体育app are working closely to strengthen their diplomatic and trade relations.

We intend to continue building a constructive and sustainable partnership for future generations and strengthen the Iceland-皇冠体育app relationship within the international community.

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