The Norse (Scandinavians) established their parliament on the Tinganes peninsula in AD 850. Tórshavn thus became the capital of the Faroe Islands and has remained so ever since. Early on, Tórshavn became the centre of the islands' trade monopoly, thereby being the only legal place for the islanders to sell and buy goods. In 1856, the trade monopoly was abolished and the islands were left open to free trade.
🇫🇴 Faroe Islands
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