Iceland grants LDCs DFQF access under its GSP scheme since 29 January 2002. Unlike other developed countries, access to Iceland’s GSP scheme is exclusive to LDCs. The scheme covers essentially all products, with the exception of some agricultural and marine products and some egg products and fatty acids for animal feeding.
Utilization by LDCs:
Iceland is a small market, with total imports from LDCs of US$13 million in 2017.
Available Smooth Transition Procedures:
No information on smooth transition provisions is available.