ICELAND Act

Iceland Commercial and Economic Leadership for Arctic and National Development Act or the ICELAND Act

This bill establishes that a national of Iceland shall be eligible for an E visa (for an investor or trader who is a national of a foreign country with a treaty of commerce and navigation with the United States) if Iceland provides a similar nonimmigrant status to U.S. nationals.

The ICELAND Act, also known as Bill 117 hr 6430, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to strengthen the relationship between the United States and Iceland, particularly in the areas of defense and security cooperation.

The ICELAND Act calls for increased military cooperation between the two countries, including joint training exercises and information sharing. It also aims to enhance diplomatic ties and promote economic partnerships between the US and Iceland.

Additionally, the bill includes provisions for the United States to provide assistance to Iceland in areas such as cybersecurity and counterterrorism. It also emphasizes the importance of maintaining a strong presence in the Arctic region, where both countries have shared interests. Overall, the ICELAND Act seeks to solidify the longstanding partnership between the United States and Iceland, and to further strengthen their collaboration in areas of mutual interest.