Greenland’s mining minister has warned Donald Trump’s proposal to buy the Arctic territory could be “devastating” for its minerals pitch to international investors.
Naaja Nathanielsen told the Financial Times the US president-elect’s rhetoric, and in particular his refusal to rule out using force to take over the island, risked damaging its image as a stable, resource-rich democracy.
“When he talked about not excluding military use in Greenland I was quite worried about how investors would perceive Greenland, maybe as a democracy about to be unstable or overrun,” Nathanielsen said. “That would be devastating for our mineral sector because investors do not like instability.”