Iceland–Ireland Relations
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Iceland–Ireland Relations
Iceland–Ireland relations are the bilateral relations between Iceland and Ireland. Both nations are members of the European Economic Area, Organisation for Economic Co-operation and Development and the Organization for Security and Co-operation in Europe. History Connections between Iceland and Ireland began circa 700s or 800s when Irish monks first explored Iceland as mentioned in the books by Irish monk and geographer Dicuil. When Norse explorers arrived to Iceland, many encountered the Irish monks on the island who they called "Papar" for the religious books they would leave behind on the island. When Norse settlers arrived, many of the Irish monks left Iceland because they would not inhabit a country of "pagans". During the following centuries, more Norse explorers would come to Iceland and bring with them Irish women who were slaves to Iceland producing Iceland's current genetic make-up among its population. During World War II, both Iceland ( in personal union with the Kin ...
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Bilateral Relations
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTA) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular ...
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