Iceland - Trade AgreementsIceland - Trade Agreements
Iceland is a member of the Agreement on the European Economic Area (EEA) that unites members of the European Union (EU) and the three European Free Trade Association (EFTA) states (Iceland, Liechtenstein and Norway) into one single market governed by the EU basic rules. Iceland is also bound by Free Trade Agreements (FTA) with the following countries through its membership in EFTA: Canada, Chile, Croatia, Egypt, Israel, Jordan, Korea, Lebanon, Macedonia, Mexico, Morocco, Palestinian Authority, the South African Customs Union, Singapore, Tunisia and Turkey. Iceland has also a free trade agreement with China that took effect on July 1st 2014.
Iceland does not have a bilateral investment treaty or an FTA with the United States. There is a U.S.-Iceland bilateral taxation treaty and a Trade and Investment Framework Agreement (TIFA).
Iceland Trade Development and Promotion Trade Agreements