Do Greenland Business Owners Want to See a US Takeover?

Summary

Christian Keldsen, CEO of the Business Association in Greenland, discusses how Greenland's business community views US takeover and annexation rhetoric. He says the issue is long-running and irritating, creates uncertainty, and may cause some US-linked business decisions to be delayed, while US investment and tourism interest are still seen as opportunities. He also describes constraints in fish exports and minerals and hopes upcoming Denmark-Greenland-US talks produce stability.

• Christian Keldsen is CEO of the Business Association in Greenland.
• He says US takeover and annexation rhetoric has been ongoing since 2019 and is not new.
• Greenland businesses are irritated and face uncertainty, with some US-linked decisions potentially delayed.
• He says US investment is welcome and the government has a strategy to attract it.
• Fish is about 97% of Greenland's exports, but North American prices are less attractive.
• Mineral development depends on global markets and Chinese protectionism.
• North American tourism is growing, helped by a new Nuuk-New York route.
• He wants upcoming Denmark, Greenland and US talks to deliver stability.