Iceland–Ukraine relations

Ukraine–Iceland relations are a set of international bilateral relations between Ukraine and Iceland, as well as cooperation between the two countries in international organizations and other international institutions.

Iceland–Ukraine relations

Iceland
Ukraine

Iceland is represented in Ukraine through the embassy in Kyiv (Ukraine). Ukraine is represented in Iceland through the embassy in Helsinki (Finland).

Political dialogue

Unlike other Scandinavian countries, Ukraine's political dialogue with Iceland is characterized by irregularity and low intensity. It seems that the Icelandic side is more interested in maintaining bilateral relations than the Ukrainian side.[1] The last high-level visit from Ukraine to Iceland took place in May 2002, when the Minister for Foreign Affairs of Ukraine A. Zlenko visited the country. After that, the Icelandic Prime Minister D. Oddsson (February 2004)[2] and the Minister of Foreign Affairs and Foreign Trade of the Republic of Iceland V. Sverrisdottir (November 2006) paid an official visit to Ukraine.[3]

Trade and economic relations

Trade and economic relations with Iceland since 2009 are limited to imports of Icelandic fresh and frozen fish to Ukraine. The volume of these imports and, accordingly, the total volume of bilateral trade in 2009 reached 38.75 million dollars. USA. In previous years, Ukraine exported to Iceland, however, in small quantities, industrial products. At the same time, Iceland is the 40th among 123 countries-investors in terms of direct investment in Ukraine. Direct investment from Iceland - $ 25 million. The largest of the Icelandic investments in Ukraine was the acquisition in 2006 by the Icelandic International Private Investment Bank together with other investors of a controlling stake (92.5%) in the shares of the Ukrainian Joint-Stock Commercial Bank Lviv in the amount of 8 million USD.[4]

See also

References
  1. Кривонос Р.А. Особливості співробітництва України з країнами Північної Європи // Україна в Європі: контекст міжнародних відносин: колективна монографія / За ред. А.І. Кудряченка. – К.: Фенікс, 2011. – С. 462.
  2. "Девід Одсон: «Якщо в Україні будуть демократичні процеси, то ми готові підтримати її»".
  3. "Українсько-ісландські двосторонні відносини" (in Ukrainian). Посольство України в Фінляндській Республіці.
  4. "Українсько-ісландські двосторонні відносини" (in Ukrainian). Посольство України в Фінляндській Республіці.

Literature
  • Кривонос Р.А. Особливості співробітництва України з країнами Північної Європи // Україна в Європі: контекст міжнародних відносин: колективна монографія / За ред. А.І. Кудряченка. – К.: Фенікс, 2011. – С. 441 – 463.
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