Iceland held its very first round of European Union membership talks on Tuesday. Iceland applied for EU membership in 2009 after the world financial crisis brought its banking sector to its knees. The EU is keen to see the island nation join, but public opinion in Iceland is sceptical about the benefits of membership. Iceland kicked off the negotiations by saying it will not tolerate competition from rival fishing fleets in its waters. Iceland's foreign minister said his country must keep control of its vast, exclusive economic zone in the Arctic. Apart from difficult financial issues relating to the banking collapse in Iceland, there is also the unresolved issue of Iceland's self declared 130,000 ton mackerel quota. More here and here 

TAGS: Iceland, EU, accession negotiations, Icelandic fisheries claim, mackerel quota

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