Iceland is expediting steps towards a referendum on joining the European Union following the Greenland crisis, as indicated by recent developments in its government. The Foreign Minister Þorgerður Katrín Gunnarsdóttir is scheduled to present a resolution proposal concerning EU membership negotiations to the cabinet, which will then be submitted to parliament next week. This swift action signifies the government's intent to address the EU membership issue promptly and to gather support from various parliamentary groups, suggesting an urgency to proceed with the matter in light of global geopolitical changes.

In anticipation of a potential referendum, there are indications that if the parliament processes the proposal quickly, a public vote could occur in the upcoming months. The earliest this vote could take place is three months after the parliament's approval of the resolution, setting a timeline that could allow for a vote as early as September, if the parliament concludes discussions before its session ends in June. This timeline reflects a strategic approach by Iceland’s government to engage the public on EU membership, particularly in response to increasing geopolitical tensions, including Russia's actions in Ukraine, and other international trade issues.

The implications of a potential EU membership for Iceland are significant, particularly regarding economic and security collaboration in the face of external pressures. As Iceland navigates its foreign policy amidst changing global dynamics, the decision to pursue EU membership will not only affect its internal politics but also its standing within the international community. The proposed referendum marks a critical juncture for Iceland as it weighs the benefits of EU integration against national sovereignty and public sentiment.