Reykjavik pioneers free-trade with Beijing
Iceland and China signed a free-trade agreement on April 15 during an official visit to Beijing by Prime Minister Jóhanna Sigurðardóttir, who was accompanied by about 50 Icelandic business executives. The Nordic island thus becomes "the first European country to sign such an agreement with China," writes Icelandic daily Morgunblaðið. The agreement will "give an advantage to Icelandic businesses and to exports in a rapildly-expanding Chinese market," the paper adds.