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Putin says rivalries are increasing in the Arctic, but economic cooperation is possible

  • Geopolitical rivalries in the Arctic are increasing, but Russian President Vladimir Putin stated that cooperation is still possible with Western countries.
  • Putin indicated U.S. Designs on Greenland have historical roots and highlighted that the U.S. Continues to promote its interests in the Arctic.
  • Putin is interested in expanding northern ports and building a merchant fleet in the Arctic, stating that foreign cooperation would be necessary for this project.
  • Concerns were expressed about NATO countries viewing the Far North as a potential conflict zone, with Putin mentioning that Russia is monitoring the situation accordingly.
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Portfolio.hu broke the news in on Thursday, March 27, 2025.
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