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Hoyvík Agreement

Trade agreement between the Faroe Islands and Iceland

Field	Value
name	Hoyvík Agreement
long_name	Agreement between the Government of Iceland, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part
type	Bilateral trade
date_signed
location_signed	Hoyvík, Faroe Islands
condition_effective	Approval by Løgting and Althing
languages

Iceland Iceland
Faroe Islands Faroe Islands

The Hoyvík Agreement is a free trade agreement between the Faroe Islands and Iceland.

History

The agreement was signed 31 August 2005 in the town of Hoyvík in the Faroe Islands. The Faroese Løgting ratified the agreement on 2 May 2006 and the Icelandic Alþingi did the same on 3 June.

On 21 August 2006, a statement was made by the annual general meeting of the West Nordic Council that the possibility of extending the agreement to include Greenland (thus creating a West Nordic free trade zone) should be seriously studied. It was noted at Løgting that the agreement could be extended to Norway and Canada in the future.

References

"Hoyvík Agreement". Government of the Faroe Islands.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

free-trade-agreements economy-of-iceland economy-of-the-faroe-islands hoyvík denmark–iceland-relations treaties-of-iceland treaties-of-the-faroe-islands treaties-concluded-in-2005 treaties-entered-into-force-in-2006 2005-in-the-faroe-islands

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