13.10.2008

Iceland's Economic Climate

Over the past two weeks, economic developments took a sharp turn for the worse in Iceland. The country’s three main commercial banks, Glitnir, Landsbanki and Kaupthing, collapsed owing to the financial storm now raging in international markets and the government has resorted to exceptional measures to stabilize the situation.

13.05.2008

Appointment of an Honorary Consul of Iceland in Maldives

Mr. Ibrahim Mohamed Didi has been appointed Honorary Consul of Iceland in Malé for all the territory of the Republic of Maldives.

13.05.2008

Letters of Credentials presented in Nepal and Maldives

On April 30, 2008, the  Ambassador presented his credentials to the Prime Minister of Nepal, H.E. Mr. G. P. Koirala, as the Ambassador of Iceland to Nepal, residing in New Delhi.

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05.12.2007

Ambassador Pálsson delivers credentials in Sri Lanka

Today, 4 December 2007 Ambassador Gunnar Pálsson delivered his credentials to the President of Sri Lanka, H.E. Mr. Mahinda Rajapaksa, as the Ambassador of Iceland to Sri Lanka, residing in New Delhi.

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05.12.2007

Ambassador delivers credentials in Singapore

Today, 29 November 2007 Ambassador Gunnar Pálsson delivered his credentials to the President of the Republic of Singapore, H.E. Mr. Sellapan Ramanathan, as the Ambassador of Iceland to Singapore, residing in New Delhi.

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03.12.2007

Icelandic investment bank enters Indian market

Icelandic investment bank enters Indian market

The Icelandic investment bank Askar Capital has joined hands with India´s SKIL Group to set up a $500 million private equity fund, as part of its initiative to enter the Indian market with a special focus on the SME sector.

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26.11.2007

Indo-Icelandic Seminar on Energy and Investment

H.E. Arni Mathiesen, the Minister of Finance for Iceland, was the Guest of Honour, at a Business Seminar organized by the Confederation of Indian Industries on 23 November, on the occasion of the visit of a trade delegation from Iceland.
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26.11.2007

Bilateral Treaty on the Avoidance of Double Taxation

Friday 23 November, the Finance Ministers of Iceland and India, H.E. Mr. Árni M. Mathiesen and H.E. Mr. P. Chidambaram, signed a Bilateral Treaty on the Avoidance of Double Taxation. At the signing ceremony in New Delhi, Mr. Chidambaram expressed his confidence that the agreement would result in high degree of comfort for investors of both the countries.
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26.11.2007

Cooperation between Iceland and India on Geothermal Energy

Cooperation between Iceland and India on Geothermal Energy On Friday 23 November, the Icelandic bank Glitnir and India´s LNJ Bhilwara Group signed a Memorandum of Understanding (MoU) to collaborate in developing geothermal power plants in India and Nepal.
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14.11.2007

Foreign Minister addresses Parliament

Foreign Minister addresses Parliament Today, the Minister for Foreign Affairs and External Trade, Ms. Ingibjörg Sólrún Gísladótir, delivered her first foreign policy speech to Althingi, the Parliament of Iceland. In her address, Ms. Gísladóttir discussed Iceland´s foreign policy challenges with a special focus on Iceland´s role in a globalized world.

22.10.2007

Foreign Minister Gísladóttir honoured in Washington D.C.

On Friday 19 October, the Foreign Minister of Iceland, Mrs. Ingibjörg Sólrún Gísladóttir, addressed the Women's Foreign Policy Group (WFPG) in Washington D.C. At the occasion, Mrs. Gísladóttir was nominated as an honorary member of WFPG; an organization dedicated to the promotion of women as international leaders, and ensuring that women's voices are heard and women leaders are fully engaged in finding new approaches and solutions.

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16.10.2007

Iceland's Foreign Minister welcomes Nobel Peace Prize to Dr R.K. Pachauri

Iceland's Foreign Minister welcomes Nobel Peace Prize to Dr R.K. Pachauri

The Foreign Minister of Iceland, Mrs. Ingibjörg Sólrún Gísladóttir, has welcomed the decision to award the Nobel Peace Prize to the UN Intergovernmental Panel on Climate Change (IPCC), and its Chairman Dr R.K. Pachauri, together with former US Vice President Al Gore.

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11.10.2007

MOU on Renewable Energy

MOU on Renewable Energy

Today, the Ambassador of Iceland to India, Dr. Gunnar Pálsson, and the Secretary of the Indian Ministry for New and Renewable Energy, Mr. V. Subramanian, signed a Memorandum of Understanding (MOU) between Iceland and India on Renewable Energy Cooperation.

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09.10.2007

Winter is Here!

Winter is Here!

Early October in North Iceland has experienced snowfall on Saturday night and Sunday morning. The children in the towns of the North were delighted to have an opportunity to go for a ride on their sleds.  The older generations were presumably not as happy since the snow blocked roads in various places in the north and northeastern part of the country as well as the West Fjords.

03.10.2007

Foreign Minister Gísladóttir addresses the UN General Assembly

Today, the Foreign Minister of Iceland, Ms. Ingibjörg Sólrún Gísladóttir, addressed the 62nd session of the General Assembly of the United Nations in New York. In her speech, the Minister outlined Iceland´s natural inclination for peaceful dispute settlement and emphasized the importance of universal human rights, sustainable development and human security.

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28.09.2007

Committee on Energy and Natural Resources

Today, the President of Iceland, Dr. Ólafur Ragnar Grímsson, participated in a hearing organized by the Committee on Energy and Natural Resources in the United States Senate. The hearing was held to discuss a Bill to Establish a National Geothermal Initiative in the United States.

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18.09.2007

Early snowfall in South Iceland

The motorists faced problems in south Iceland on Saturday as that region got early snowfall an they had not prepared their vehicles for the winters with studded tires, designed to drive on slippery roads.

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17.09.2007

Björk Nominated for MTV Europe Music Awards

MTV Europe Music Awards has nominated Icelandic musician Björk for two awards at the to be held in Munich November 1, as best solo artist and as best rocker.

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28.08.2007

US Senator meets Iceland's President

US Senator Barbara Boxer, head of the US Senate’s environment committee, met President of Iceland Ólafur Ragnar Grímsson on August 22, 2007. The meeting was held at his residence Bessastadir, near Reykjavík, to discuss climate change and energy issues.

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16.08.2007

India to open a diplomatic mission in Iceland

India to open a diplomatic mission in Iceland

The Indian Government has given its approval for opening an Indian mission in Iceland, along with new missions in four other countries. 

According to India's Information Minister, Priya Ranjan Dasmunsi, who was quoted in the Indian media, the decision will help in order to safeguard and promote India's strategic, economic and political interests in the respective regions. 

 

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