The Icesave issue discussed in Reykjavík

The negotiation committee representing the Icelandic government on the Icesave issue met yesterday and today with representatives of the UK and Dutch governments in Reykjavík for discussions.

The purpose of the meetings was primarily to exchange information and to prepare further talks later this year. This is the first time the parties meet since the talks were adjourned on the 5th of March 2010.

Heading the Icelandic negotiation committee is US attorney Lee C. Buchheit. Other members of the committee are the Permanent Secretaries of the Ministries of Finance and Foreign Affairs, Guðmundur Árnason og Einar Gunnarsson respectively, Icelandic attorneys Jóhannes Karl Sveinsson and Lárus Blöndal, the latter representing all the parliamentary opposition parties.

They are advised by Donald J. Johnston, former Secretary-General of the OECD, as well as experts from the corporate advisory firm Hawkpoint and the international law office Ashurst.

(press release)

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