European Commission President Ursula von der Leyen announced that the EU is developing a comprehensive package to enhance Arctic security, emphasizing cooperation, stability, and sustainable growth in the region. Speaking at the World Economic Forum in Davos, she highlighted how coordinated efforts can create opportunities for trade and investment while safeguarding strategic interests.
Von der Leyen reaffirmed the importance of strong partnerships, noting that the EU and the U.S. have a solid trade agreement in place and that working together ensures shared prosperity. She emphasized that collaboration is key to maintaining a stable and thriving Arctic region.
As part of the initiative, the EU is planning a significant investment surge in Greenland to support local economic development and infrastructure. This investment aims to boost trade, create new business opportunities, and strengthen regional resilience.
The EU also intends to enhance Arctic capabilities, including the development of European icebreakers and other equipment vital for safe and efficient operations in the high north. These measures, coordinated with international partners, will support a secure, sustainable, and prosperous Arctic environment.
By combining strategic security measures with targeted economic investments, the EU is creating a stable foundation for trade, innovation, and long-term growth in the Arctic.
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