International Investment Agreements
International Investment Agreements
(updated June 2025)
Investment Agreements with investment protection in force
Multilateral: a) Agreement on the European Economic Area (EEA) of 1992, which entered into force on 1 January 1994. The Contracting Parties comprise the 27 EU Member States and three EFTA States Iceland, Liechtenstein and Norway. b) Agreement on the European Free Trade Association (EFTA) of 1960. The Contracting Parties are Iceland, Liechtenstein, Norway and Switzerland. c) EFTA-Singapore Free Trade Agreement.
Bilateral (BITs): China, Chile, Egypt, Korea, Lebanon, Mexico, Viet Nam
Investment Agreements without investment protection in force
Multilateral: EFTA Free Trade Agreements with Chile, Colombia, Ecuador, Indonesia, Peru
Bilateral: Faroe Islands Free Trade Agreement
Investment Agreements not yet in force
Multilateral: EFTA Free Trade Agreements with Malaysia, Thailand
Bilateral (BITs): Georgia, Kuwait, North-Macedonia, Turkey, Uganda, Ukraine
For EFTA Free Trade Agreements see the EFTA website.
Other Investment Agreements
Iceland is a party to the following investment related international agreements (selection):
- Multilateral Investment Guarantee Agency (MIGA)
- International Centre for Settlement of Investment Disputes (ICSID)
- UNCITRAL Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958 - the "New York Convention").
- World Trade Organisation (WTO) Agreement on Trade-Related Investment Measures (TRIMs) of 1994.
- Energy Charter Treaty of 1994
For databases on International Investment Agreements (IIAs), see the ICSID and UNCTAD websites.
Disclaimer
The publication of laws and international agreements on the Ministry for Foreign Affair's website is for information only and does not replace their publication in the Official Gazette of Iceland, as required by Article 4 of the Official Gazette and Legal Notices Act No. 15/2005. In case of discrepancies between texts published on this website and ones in the Official Gazette, the latter shall prevail.
Selected Investment Agreements
Status: In force
Type: Bilateral, EFTA related
Title: AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF ICELAND AND THE GOVERNMENT OF THE REPUBLIC OF CHILE FOR THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS
Language(s): English, Icelandic translation
Date of signature: 26/6/2003
Date of entry into force: 29/3/2006
Date of publication: 4/4/2006
Text
Status: In force
Type: Bilateral
Title: AGREEMENT between the Government of the Republic of Iceland and the Government of the People’s Republic of China concerning the Promotion and Reciprocal Protection of Investments
Language(s): English, Icelandic, Chinese
Date of signature: 31/3/1994
Date of entry into force: 1/3/1997
Date of publication: 26/2/1997
Text
Status: In force
Type: Bilateral, EFTA related
Title: AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF ICELAND AND THE GOVERNMENT OF THE ARAB REPUBLIC OF EGYPT FOR THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS
Language(s): English, Icelandic, Arabic
Date of signature: 8/1/2008
Date of entry into force: 15/06/2009
Date of publication: Not yet published
Text
Status: In force
Type: Bilateral, Free Trade Agreement
Title: AGREEMENT between the Government of Iceland, of the one part, and the Government of Denmark and the Home Government of the Faroe Islands, of the other part
Language(s): English, Icelandic
Date of signature: 31/8/2005
Date of entry into force: 1/11/2006
Date of publication: 3/11/2006
Text
Status: Terminated
Type: Bilateral
Title: AGREEMENT between the Government of the Republic of Iceland and the Government of the Republic of India for the Promotion and Protection of Investments
Language(s): English, Icelandic, Hindi
Date of signature: 29/7/2007
Date of entry into force: 16/12/2008
Date of termination:
Date of publication: 17/12/2008
Text
Status: In force
Type: Bilateral
Title: AGREEMENT between the Government of the Republic of Iceland and the Government of the Republic of Latvia on the Mutual Promotion and Protection of Investments
Language(s): English, Icelandic translation
Date of signature: 11/6/1998
Date of entry into force: 1/5/1999
Date of publication: 8/6/1999
Text
Status: In force
Type: Bilateral, EFTA related
Title: AGREEMENT BETWEEN THE LEBANESE REPUBLIC AND THE REPUBLIC OF ICELAND ON THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS
Language(s): English
Date of signature: 24/6/2004
Date of entry into force: 24/11/2005
Date of publication: Not yet published
Text
Status: In force
Type: Bilateral
Title: AGREEMENT between the Republic of Iceland and the Republic of Lithuania for the Promotion and Reciprocal Protection of Investments
Language(s): English, Icelandic, Lithuanian
Date of signature: 20/8/2002
Date of entry into force: 18/4/2003
Date of publication: 22/4/2003
Text
Status: In force
Type: Bilateral
Title: AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF ICELAND AND THE GOVERNMENT OF THE UNITED MEXICAN STATES ON THE PROMOTION AND RECIPROCAL PROTECTION OF INVESTMENTS
Language(s): English, Icelandic, Spanish
Date of signature: 24/6/2005
Date of entry into force: 28/4/2006
Date of publication: 4/5/2006
Text
Status: In force
Type: Multilateral (EFTA Agreement)
Title: AGREEMENT BETWEEN THE EFTA STATES AND SINGAPORE
Language(s): English
Date of signature: 26/6/2002
Date of entry into force: 1/1/2003
Date of publication: 31/12/2002 (text available at MFA)
Text
Status: In force
Type: Multilateral, EFTA-related
Title: AGREEMENT on Investment between the Republic of Korea and the Republic of Iceland, the Principality of Liechtenstein and the Swiss Confederation
Language(s): English, Icelandic translation
Date of signature: 15/12/2005
Date of entry into force: 1/11/2006
Date of publication: 8/11/2006
Text
Status: Not yet in force
Type: Bilateral
Title: Agreement between the Republic of Iceland and the Government of the Republic of Uganda for the Promotion and Reciprocal Protection of Investments
Language(s): English, Icelandic
Date of signature: 17/9/2008 (initialled)
Date of entry into force: Not yet in force
Date of publication: Not yet published
Text
Status: In force
Type: Bilateral
Title: AGREEMENT between the Government of the Republic of Iceland and the Government of the Socialist Republic of Vietnam for the Promotion and Protection of Investments
Language(s): English, Icelandic, Vietnamese
Date of signature: 20/9/2002
Date of entry into force: 10/7/2003
Date of publication: 23/7/2003
Text