Iceland drops application to join European Union

‘Iceland says it has informed the European Union (EU) that it is no longer interested in pursuing a bid to join the 28-nation bloc.

Foreign Minister Gunnar Bragi Sveinsson said in a Thursday statement that his country’s “interests are better served outside the European Union.”

Sveinsson said Latvia, which currently holds the EU presidency, and the European Commission were informed about Reykjavik’s move to annul the application.’

Read more: Iceland drops application to join European Union

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