Referendum set for August 29
Iceland plans a referendum on August 29 to decide whether to restart its EU membership negotiations, Foreign Minister Þorgerður Katrín Gunnarsdóttir told POLITICO. A recent Gallup poll indicates a close race, with 52% in favor and 48% opposed.
Quick accession possible due to EU alignment
Iceland, already a member of the European Economic Area and part of the Schengen zone, has incorporated many EU laws. Gunnarsdóttir said this would make the accession process relatively fast if voters approve resuming talks, potentially concluding within “a year and a half.”
Fisheries remain a key issue
The foreign minister highlighted that while Iceland could join the EU faster than some candidates like Montenegro, the main challenge would be fisheries. Negotiations previously stalled in 2013 over fishing policy and economic changes, leading Iceland to formally withdraw its application in 2015.
Economic and security benefits
Gunnarsdóttir stressed that joining the EU would provide economic and security advantages. Iceland often faces higher inflation and interest rates than other European countries, and the EU membership would offer protection for local industries and businesses. She added that the EU would gain a geostrategically important and wealthy member.
Public empowerment and next steps
Even if Icelanders approve the August referendum, another vote will be required once negotiations conclude. Gunnarsdóttir urged immediate action, saying, “It would be beneficial both for Iceland and the European Union to negotiate now, not in two years’ time.”
Source: Politico
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