Yearbook Content

A Committed Part of the Global Community

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Ministry of Foreign AffairsLook to the Northwestern corner of Europe and still a little further out at sea, and you will find a modern and prosperous country — the Faroe Islands. A stunningly beautiful island nation constantly engaging internationally to find new business opportunities and ways to interact with the global community in a wide range of areas such as culture and sports, creative arts, education and research.

My main objective as Minister of Foreign Affairs is to continue and further develop our country’s ability to connect to the major strands of international cooperation and thus enable our business community to blossom and thrive. That is why free trade remains a core priority for our foreign policy.

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Something Mystical

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Something Mystical 8-9Today’s Faroese would never consider living without modern technology but still have preserved much of their ancient culture — including some hunting and herding practices that may indeed seem surreal to outsiders.

In a small cafe in a town called Nólsoy, on an archipelago in the middle of the North Atlantic, surrounded by barflies and the blue fug of cigarette smoke, I am trying to be unobtrusive. This is not going so well. There are precisely two occupied tables in the establishment, the barflies’ and mine. At mine, English is spoken, pallid beer is sipped, and all eye contact is avoided. At theirs, they speak a derivative of Old Norse, drink a rigorous liquor and shoot glances my way, accompanied by throaty chuckles. I, in fact, look not only like an American and a tourist, but also like an idiot, having walked up onto the quayside at Nólsoy, through its most famous landmark — the bone archway formed by the massive jaws of a sper m whale — and into its one bar wearing a flotation suit. A giant, puffy, one-piece flotation suit. Ten minutes ago, thudding across freezing harbor waters in a Zodiac, a flotation suit had seemed like a good idea. Now it makes me look like a Power Ranger. The chuckles are starting to crescendo. As I exit the place, from behind me I hear, “Zay hallo to George Bush.”

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Welcome to the 2010 Edition of the Faroe Business Report

Cover of FBR 2010

 

It’'s a great pleasure to present to you the fifth volume in this series— — the 2010 edition of the Faroe Business Report. For certain reasons there was no 2009 edition; we did promise, however, that the Report would be back this year and that we would bring further improvements to the unique service that it already represents. Frankly, I do believe this one is the best edition to date and I hope you’'’ll share my enthusiasm once you’'’ve had a moment to check it.


Búi Tyril
Publisher and Editor in Chief