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Consulate General of Iceland in Thorshavn

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Progress of the Plan for Removal of Capital Controls

Economic affairs and public finances / 05.11.2018

The Minister of Finance and Economic Affairs today published a report on the progress of plans to remove restrictions on cross-border capital movements and...

Iceland in the Faroe Islands

The Consulate General's main mission is to enhance political, trade and cultural relations between Iceland and the Faroes, in addition to providing assistance to travellers and promoting tourism.

Iceland opened a Consulate General in the Fareos in 2007, following the conclusion of a comprehensive free trade agreement between the two nations, the Hoyvik Agreement, in 2006.

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