The agreement is unique for Iceland as it the first such agreement establishing free trade in agricultural products, a sector that usually sees a lot of protection from the Icelandic authorities.
Leping on Islandi jaoks ainulaadne, kuna tegemist on esimese sellise leppega, mis kehtestab vabakaubanduse ka põllumajandustoodangule: sektorile, mida Islandi võimud reeglina suuresti kaitsevad.