“This was a productive meeting, albeit one addressing a very serious issue,” reflected Sigurður Hannesson, executive director of the Swedish Industry Association, during an interview on Sýnar’s evening news following his conversation with Foreign Minister Þorgerði Katrína Gunnarsdóttir. “We engaged in a comprehensive review of the European Union’s tariffs on silicon iron, discussing both the current status and the steps ahead. While we commend the government for its advocacy, it’s important to note that we and the companies involved have been vigilant for several months now.”
An Atmosphere of Tension in Brussels
“It was reassuring to feel that, despite the disappointing decision, our concerns were acknowledged in Europe,” Sigurður continued. “Last week in Brussels, our representatives were present at significant meetings alongside ministers and members of parliament, where our protests were articulated in what was undeniably a weighty atmosphere.”
“We emphasized the need for a clear statement from the European Union—both from officials and politicians—regarding whether this decision sets a dangerous precedent, and whether we could anticipate similar occurrences in the future. Fortunately, we’ve received assurances that this is not seen as a sign of things to come,” he added.
A Call for Constructive Dialogue
According to Sigurður, the initial reactions from European Union representatives in the aftermath of their decision were promising.
“In light of this, I believe our focus should be on fortifying the EEA Agreement, as Europe remains our largest market. The EEA Agreement is our most crucial trade agreement, and it’s vital that we continue to build upon it.”
The industry association stands firmly against calls for Iceland to retaliate against the European Union. Some members of the opposition have suggested pausing the introduction of new EEA regulations into Icelandic law.
“Given the European Union’s response, which clearly acknowledges the seriousness of the matter, we feel it would be counterproductive to delay implementation. While we appreciate the lobbying efforts, we believe it is necessary to significantly enhance our advocacy towards Europe. This needs to occur not just politically and at the governmental level, but also within the business community,” Sigurður concluded.
