On October 24, 2007 Albert Jónsson, the Icelandic ambassador to Washington, DC; presented his diplomatic credentials at the National Palace in Mexico City. After the ceremony, Felipe Calderón and Jónsson discussed the current state of Icelandic-Mexico relations. Both want to strengthen bilateral trade and Calderón wanted to cooperate on energy and fishing rights.
Ólafur Ragnar Grímsson, the President of Iceland and Felipe Calderon, the President of Mexico met in March 2008. This was the first time a President of Iceland had made a state visit to Mexico. Thorgerdur Katrín Gunnarsdóttir, Iceland's Minister of Education, Science and Culture accompanied the president and Iceland's first lady on trip. Also attending were members of the Icelandic Ministry of Foreign Affairs, and the Presidential Office, as well as a trade delegation.
Ólafur Ragnar Grímsson addressed the people of Mexico on March 11, 2008, saying:
In this new century, mankind eagerly seeks and requires leadership born of the same qualities, searching for solutions to the most fundamental challenge of our times, the threat of climate change, which is so evident in the melting of the ice sheets and the glaciers and the rising sea levels all over the world. Due to the Gulf Stream, Mexico and Iceland are closely linked in this endeavour. Flowing from Mexico into the North–Atlantic, the Gulf Stream encircles my country and constitutes the core of the conveyor belt of ocean currents which in every continent regulates the climate. Cooperation between our countries is therefore both urgent and is endowed with symbolic value, reminding us how all nations now share a common fate, but also demonstrating to others new ways towards solutions. ...
The two leaders discussed common ground, including concerns over climate change, since both nations are directly affected by the Gulf Stream. Also in 2008 the two nations signed a tax treaty to avoid double taxation. The agreement to abolish double taxation was signed by Agustín Carstens, the Mexican Minister of Finance; and the Minister of Education, Science and Culture of Iceland, Thorgerdur Katrín Gunnarsdóttir.
During the meeting, Mexico agreed to support the nomination of Iceland as a nonpermanent member of the United Nations Security Council for the 2009–2010 assembly. The Icelandic Government agreed to nominate Mexico for a position on the council. They also agreed to begin negotiations on an agreement for air transportation between the two countries. On the trip Olafur Ragnar Grimsson gave an interview to Organización Editorial Mexicana and said that "geothermal energy has a future in Mexico."
In 2001 they reached an agreement on agriculture, signed in Mexico City on November 27, 2000, and effective on October 1, 2001. In 2005 they signed an agreement for the promotion and mutual protection of investments, which was signed in Mexico City on June 24, 2005, and has been in force since April 28, 2006.
In 2008, Iceland was ranked 118th in total trade with Mexico and was ranked 4th among the countries of European Free Trade Association. In 2014, two-way trade amounted to $10 million USD. Mexico's exports to Iceland were: metal tubes with threaded ends (46.0%), motor vehicles (18.7%) and lactic acid (2.0%). The major imports from Iceland to Mexico were: cod liver oil (4.6%), gutted fish (3.1%) and roe (2.8%).
Accredited diplomatic missions
- Iceland is accredited to Mexico from its embassy in Washington, DC, United States.
- Mexico is accredited to Iceland from its embassy in Copenhagen, Denmark.
- "Relaciones México-Islandia" (in Spanish). Mexico. Retrieved 2010-05-13.
- "Mexico, Iceland to Set Up Diplomatic Ties". Chicago Tribune. March 25, 1964. Retrieved 2010-05-13.
- "Mexico-Iceland Pact". Associated Press in the Christian Science Monitor. March 25, 1964. Retrieved 2010-05-13.
Mexico City. Mexico and Iceland have agreed to set up diplomatic relations aiming to increase cultural and trade exchanges.
- "Presentation of Credentials". Embassy of Iceland. Retrieved 2010-05-18.
- "President of Iceland speech on visit to Mexico" (PDF). March 11, 2008. Retrieved 2009-01-26.
- "President of Iceland to Visit Mexico". Iceland Review. March 12, 2008. Retrieved 2010-05-13.
- "Destaca Calderón disposición de Islandia para el comercio". Organización Editorial Mexicana (in Spanish). March 12, 2008. Retrieved 2010-05-13.
- "Llama Olafur Ragnar a combatir el cambio climático". El Sol De Mexico (in Spanish). March 12, 2008. Retrieved 2010-05-13.
- "Mexico: Tax treaty network increasing". PriceWaterhouseCoopers. Retrieved May 1, 2009.
- "Mexico: Iceland added to Mexico's treaty list". PriceWaterhouseCoopers. Retrieved May 1, 2009.
The provisions of the Iceland-Mexico income tax treaty, which was signed in Mexico City on March 11, 2008 ...
- "Signing Ceremony". President of Iceland. Retrieved 2010-05-16.
- "El Presidente Calderón y el Presidente de la República de Islandia, Ólafur Ragnar Grímsson, en la Ceremonia de la Firma de Acuerdos entre los Gobiernos de México e Islandia" (in Spanish). Mexico. March 11, 2008. Retrieved 2010-05-13.
- "México e Islandia acceden quitar visa diplomática y apoyar energía geotérmica". Cotizalia (in Spanish). March 12, 2008. Retrieved 2010-05-13.
- "Presidente de Islandia realiza visita oficial a México para firma de acuerdo". El Economista (in Spanish). March 12, 2008. Retrieved 2010-05-13.
- "Debe México aprovechar energías renovables". Organización Editorial Mexicana in El Heraldo de Tabasco (in Spanish). March 12, 2008. Retrieved 2010-05-13.
Al respecto, cabe recordar que el presidente de Islandia, Olafur Ragnar Grimsson, en una entrevista que concedió a este diario, afirmó que la energía geotérmica tiene verdadero futuro en México.
- "Mexico-Iceland". Law Library of Congress. Retrieved 2010-05-16.
Decree of 20 September 2001 promulgates the Agreement on Agriculture between the governments of Mexico and Iceland, signed in Mexico City on 27 November 2000.
- Mexican Ministry of the Economy: Iceland (in Spanish)
- Embassy of Iceland in Washington, DC (in English and Icelandic)
- Embassy of Mexico in Copenhagen (in English and Spanish)
- Iceland embassy info of relations with Mexico
- Iceland-Mexico relations
- Images from the 2008 meetings