Minister of Business, Trade, Mineral Resources, Justice and Gender Equality in the Government of Greenland, Naaya H. Nathanielsen noted that Greenland does not want to be part of the United States, because "the island belongs to the people of Greenland." According to the message of the representative of the government, the island is open for business cooperation.
Transmits UNN with a link to WP.
Details
Minister of Business, Trade, Mineral Resources, Justice and Gender Equality of Greenland, Naaya Nathanielsen:
We do not want to be part of the United States. We are not Danes and we are not Americans. .. Greenland sees ample opportunities to conclude an agreement that can benefit both parties
Mute Burup Egede, Prime Minister of Greenland, noted that the island has enormous potential for economic development and meets high environmental standards and is home to rich geological resources.
We are a highly skilled and rules-based market economy, and our strategic location is vital to North Atlantic maritime, aviation and space activities. We invite more American companies to take advantage of the huge potential of our economy
For reference
Greenland is part of the Kingdom of Denmark, but has its own government and parliament and full jurisdiction over many natural resources.
Rare earth elements, abundant in Greenland, play a crucial role in the development of electric motors and components used in batteries and solar cells. Greenland has 39 of the 50 minerals that the United States has classified as critical to national security and economic stability. These minerals, which include rare earth elements, as well as copper, zinc and nickel, are essential for modern technology.
Need capital, ready to discuss business
Here's what WP is sending, according to the invitation to investors in Greenland:
A big obstacle to the development of mineral resources in Greenland is the lack of capital. Mining is a slow business. The time period from the early stages of exploration to the actual shipment of minerals can take more than two decades, with an average of 16 years. This requires capital willing to invest in long-term, high-risk investments. We are now asking private investors to bear this burden alone. We must find a solution to bridge the gap between capital, political ambition and industry needs. If not, we run the risk that minerals will remain in the ground.
US plans
Earlier, US President-elect Donald Trump expressed the opinion that Greenland should be purchased, emphasizing that it should become part of his country, as the island is strategically important for national security and protection of the "free world.
According to media reports, Republican members of the US House of Representatives have prepared a bill that could allow Trump to start negotiations on the purchase of Greenland.
The text of the document states that the newly elected president will be authorized to enter into negotiations with Denmark on this issue after taking office on January 20.