Open AccessFramtak Balbos og þróun samskipta milli Ítalíu og Íslands
Author(s) -
Ragnar Borg
Publication year - 2006
Publication title -
nordicum-mediterraneum
Language(s) - English
Resource type - Journals
ISSN - 1670-6242
DOI - 10.33112/nm.1.1.5
Subject(s) - icelandic , geography , economy , fishing , economic history , political science , history , economics , law , philosophy , linguistics
When 24 Italian seaplanes "Savoia-Marchetti", headed by Italo Balbo, arrived to Iceland, stockfish was almost everything that, from the island, had ever reached Italy. The economic relations between Iceland and Italy were almost exclusively about it. Italian companies started to buy Icelandic stockfish in 1895. Since then, Icelandic fishing companies-establishing an agent in Genoa in 1925-traded stockfish regularly with Italy and imported in return Italian textile products to Iceland. Balbo's visit to Iceland launched a new era in the economic relations between the two countries, which expanded to many new sectors (viz. FIAT commercial vehicles).