International co-operation

The Icelandic people are highly dependant upon foreign trade and close interaction with other countries.  The EEA membership and Iceland´s relationship with the European Union are most important.  We take part in international co-operation to monitor and influence international development which increasingly dictates the working environment of Icelandic enterprises.

• Working towards Iceland becoming a member of the European Union and joining the single currency has been defined by the executive board as one of the SI´s major policies.
• SI support the Center for Small States which is currently conducting research into the economic benefits of the participation of small European states in European collaboration.
• SI take part in meetings with the ministry of foreign affairs concerning foreign trade.
• SI actively participate in a wide variety of projects with SI´s sister organisations in other nordic countries concerning legislation, international trade, innovation, development and matters related to the individual industry.
• SI promote the interests and participation of industrial companies in international research and development.
• SI are members of UNICE which looks after the interests of European business within in the European Union.