In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.
The Philippines and Member States of the European Free Trade Association (EFTA) – Iceland, Liechtenstein, Norway, and Switzerland – signed a comprehensive Free Trade Agreement (FTA) on April 28, 2016.
African leaders launched the Continental Free Trade Agreement (CFTA) at the June 2015 African Union summit in Johannesburg, South Africa. The target date for finishing CFTA negotiations is 2017.