Both nations are members of the European Economic Area, North Atlantic Treaty Organization, the Organisation for Economic Co-operation and Development and the United Nations.

French seamen started fishing in the seas nearby Iceland in the 18th century.

In the 1900s the French organization Société des hopitaux francais d´Islande built three hospitals in Iceland, one in Reykjavík, one in the Vestmann Islands and one in Fáskrúðsfjörður, East-Iceland.

[1] In 2014, Iceland directly exported goods worth 12.7 billion ISK to France, making them the seventh export destination of Iceland.

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