Iceland votes to reject the EU as fisheries worry prevails
The Japan Times4h ago2 newsrooms in 2 countries
Iceland, which won independence from Denmark in 1944, is among the world's richest countries per capita.
GlobeSignal-AIlow certainty
Why it matters
Iceland's fishing industry depends on exclusive control of waters around the island; EU membership would require sharing fishing rights with other member states, reducing Icelandic catches and income.
Most affected
Icelandic fishing industry and coastal communities — Retain exclusive access to fisheries, avoiding EU fishing quotas and resource-sharing rules.
Likely next
Whether Iceland's government formally withdraws any pending EU accession bid or revisits membership terms.