The American-Icelandic Chamber of Commerce notes the announcement of the Icelandic Government that capital controls have been lifted with effect on Tuesday. The Government of Iceland today announces that capital controls on the country's individuals, firms, and pension funds have been lifted with effect on Tuesday. The removal of the capital controls, which stabilised the currency and economy during the country's unprecedented financial crash, represents the completion of Iceland's return to international financial markets.
Yesterday morning the American-Icelandic Chamber of Commerce and Business Iceland had the pleasure of having Gudmundur Hafsteinsson, Director of Product Development at Google Assistant, as speaker at a breakfast meeting at Harpa Conference Center. Gudmundur talked about the innovation environment in Silicon Valley and compared it with Iceland. He also talked about technological advancements in the field of voice control and artificial intelligence.
American-Icelandic Chamber of Commerce (AMÍS),
Is a trade organization consisting of companies, individuals and institutions doing business with the U.S.. The Chamber has worked closely with the Icelandic-American Chamber of Commerce (ÍSAM) in the U.S., which is a trade organization of companies and individuals who have strong ties to companies in Iceland.