Editing Foreign relations of Iceland (section)

==International disputes==

===Rockall===
{{main|Rockall}}
Iceland has an ongoing dispute with [[Denmark]] (on behalf of the Faroe Islands) on the one hand and with the UK and Ireland on the other hand, concerning claims to the [[continental shelf]] in the Hatton–Rockall area of the North Atlantic under the [[United Nations Convention on the Law of the Sea|UN Convention on the Law of the Sea (1982)]].<ref>{{cite news | first = John | last = Ross | title = Why a barren rock in the Atlantic is the focus of an international battle of wills | url = http://news.scotsman.com/scotland.cfm?id=1543182007 | work = The Scotsman | date = 27 September 2007 | access-date = 27 September 2007}}</ref> Iceland's claim covers virtually the entire area claimed by the other three countries, except for a small portion in the south-east corner of the Irish claim,<ref>[http://www.reglugerd.is/interpro/dkm/WebGuard.nsf/key2/196-1985 Regulation 196/1985]. {{in lang|is}}</ref> while the Faroes claim most of the area claimed by the UK and Ireland.<ref>Source: [http://www.utanrikisraduneyti.is/media/Frettamyndir/landgrunnsk_hatton_rockall.jpg Icelandic Ministry for Foreign Affairs].</ref> Negotiations continue between the four countries in the hope of making a joint proposal to the United Nations Commission on the Limits of the Continental Shelf by May 2009.{{citation needed|date=January 2014}}

===Deposit insurance===
{{main|Icesave dispute}}
Following the collapse of [[Icesave]] sparking the [[2008–2011 Icelandic financial crisis]], the U.K. and the Netherlands offered to insure the deposits of the bank's customers. They then sought repayment from Iceland, which held a referendum on the issue in [[Icelandic loan guarantees referendum, 2010|2010]] and [[Icelandic loan guarantees referendum, 2011|2011]], both of which failed. The two governments then said they would take the issue to European courts to seek redress they alleged is owed to them. In January 2013 the EFTA court cleared Iceland of all charges.