Iceland: Philippines Trade Agreement Opens Up Geothermal Opportunities

Iceland signs free trade deal with Philippines (Iceland Monitor)

“It gives Icelanders better access to Philippine markets and offers exciting opportunities, including in the field of geothermal energy.”

After almost a year of negotiations, a free-trade deal between the EFTA nations and the Philippines was signed in Bern, Switzerland, yesterday.

Iceland is one of four Member States of the European Free Trade Association (EFTA), along with Liechtenstein, Norway and Switzerland.

“This deal is cause for celebration,” says Icelandic Foreign Minister Lilja Alfreðsdóttir. “It gives Icelanders better access to Philippine markets and offers exciting opportunities, including in the field of geothermal energy.”

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