A five-person Icelandic negotiation committee chaired by American lawyer Lee C. Buchheit is leaving for London today to discuss a new agreement on the Icesave loans with their negotiating partners, the British and Dutch governments.
According to Fréttabladid’s sources, in addition to Buchheit, undersecretary of the Finance Ministry Gudmundur Árnason, undersecretary of the Foreign Minister Einar Gunnarsson and Supreme Court lawyers Jóhannes Karl Sveinsson and Lárus Blöndal have seats on the committee. However, that has not been confirmed by the government.
At the meeting in London, the Icelandic committee will formally present a new negotiating frame to the British and Dutch committees, which has been agreed upon by the Icelandic government and opposition.
The main issues of the framework have been introduced to British and Dutch officials and they agreed to resume negotiations on its basis.
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