POSITION PAPER — 14 oktober 2020Nordic Business Position on the EU Arctic Policy
In the review process of the EU’s Arctic policy, the EU should have greater regard for the important role of businesses and industry in realizing the economic potential in the European Arctic. In recent years, many countries have shown an increased interest in the Arctic while the EU has lacked a clear vision for its role in the region.
The Nordic business community calls on the EU to strongly promote and support sustainable development in the region. Standing on the shoulders of the current EU Arctic policy from 2016, a new strategy should aim for increasing international co-operation with the business community in the European Arctic and use the Arctic as a showcase of climate change mitigation without compromising economic growth and job creation.