Iceland has voted against resuming talks to rejoin the European Union, dealing a major blow to Brussels' expansion plans.
The 'No' campaign won 52.8 per cent of the ballot as the country's population of 400,000 rejected the chance to join the 27-nation bloc.
Iceland first applied to join the EU in 2009 following a financial crisis but talks were put on hold in 2013 after a Eurosceptic government came to power.
The current administration in Reykjavik billed the referendum as a 'now or never' moment that would shield the nation from trade wars and Arctic rivalry.
Brussels was said to have been keen to welcome a new 'wealthy member' and had even outlined a willingness to compromise on thorny issues to facilitate accession, including access to Iceland's productive fishing waters.
EU officials viewed the island as a low-risk case that could have helped to ease scepticism toward enlargement of the bloc and strategically strengthen it at a time when Arctic security is in focus.
The key points of contention ahead of the referendum centred around Iceland's sovereignty and fishing, over which the country wanted to retain exclusive control.
EU Enlargement Commissioner Marta Kos said: 'Iceland's unique specificities on fisheries and agriculture are well known. They would have to be carefully considered.
'I'm confident that, together with EU member states, we would find creative solutions.'
Iceland's fishing sector had been fiercely opposed to resuming talks, with 90 per cent of companies in the industry thought to have been against joining the bloc.
No - Joining the EU would bring greater economic and security benefits
The war in Ukraine and US President Donald Trump's ambitions to take over neighbouring Greenland – a nation which he has confused for Iceland on multiple occasions – also featured in discussions.
Reform leader Nigel Farage was among those who congratulated Icelanders for voting 'to keep their independence'.
'Yes' campaigners claimed joining Brussels could ease interest rates and offer the island greater security, while 'No' voters were keen to maintain Iceland's independence.
The country is already a member of the European Economic Area and part of the free-movement Schengen zone, both of which will remain unchanged by the vote.
Icelandic Prime Minister Kristrun Frostadottir told voters in August that a 'no' would put all EU speculation aside.
Ms Frostadottir said ahead of a government press conference later on Sunday: 'This is a great day. We've been waiting years to have a vote.'
https://www.dailymail.com/news/article-16090909/Iceland-votes-stay-European-Union-public-rejects-closer-ties-Brussels-amid-fishing-Trump-fears.html
Punggol was infested. My home raided by them 5 times.
Now dont see them around. I think they started to plant fruit trees in Coney Island so the monkeys stay there
This shows the people in HDB does not have any brains!!!
Lucky I dont buy SIA stocks. I can see each time it dips someone boost it up.
I think must be the hedge funds people who need to make their portfolio looks ok
when the shiat hit the fan, I guess you better not be the one holding the bag