Donald Trump confirms intentions to buy Greenland


US President Donald Trump shared his idea to buy Greenland, autonomous country of the Kingdom of Denmark, but noted that it is not a priority for the White House at the moment, reported Forbes Monday.

When asked about his intentions to buy the island from Danish government, Trump said: “It’s something we talked about.”

“”We are good allies with Denmark, we protect Denmark like we protect large portions of the world, and the concept came up and I said certainly, strategically it’s interesting and we’d be interested, but we’ll talk to Denmark a little bit,” Trump said.

“It’s not number one on the burner, I can tell you that,” Trump added.

According to media reports, Trump wants to buy Greenland as he is interested in its geopolitical relevance and natural resources. “Essentially, it’s a large real estate deal,” stated Trump, former real estate magnate.

“It’s hurting Denmark very badly because they’re losing almost $700 million a year carrying it… and strategically, for the United States, it would be nice,” he added.

Ministry of Foreign Affairs of Greenland posted on their Twitter that the country is “rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism.”

“We’re open for business, not for sale,” it added.   

According to the report by Forbes, China is also interested in Greenland. Kvanefjeld, site of a world-s second-largest mineral deposit of rare-earth oxides, and the sixth-largest deposit of uranium, may be the interest of the both parties. However, China is already working there through an Australian company Greenland Minerals.

It is also worth mentioning, that rare earth elements are now one of the main topics in the ongoing US-China trade war. Greenland Minerals has recently held two meetings, one with its largest shareholder, which is a Chinese company Shenge, and the second one with the US Envoy to Greenland.  Reportedly,  that may have heated up Trump’s interest in buying the island.

Denmark’s Prime Minister Mette Frederiksen said Sunday that “Greenland is not for sale.”

“Greenland is not Danish,” he stated. “Greenland belongs to Greenland. I strongly hope that this is not meant seriously. It’s an absurd discussion, and Kim Kielsen has of course made it clear that Greenland is not for sale. That’s where the conversation ends.”

Larry Kudlow, Trump administration economic advisor, told reporters Sunday that President Trump is considering the idea quite seriously. “I don’t want to predict an outcome,” he said. “I’m just saying the president, who knows a thing or two about buying real estate, wants to take a look at a Greenland purchase.”

Government of Greenland issued a statement last week saying that Greenland was not on the market. 

”We have a good cooperation with USA, and we see it as an expression of greater interest in investing in our country and the possibilities we offer. Of course, Greenland is not for sale. Because of the unofficial nature of the news, the Government of Greenland has no further comments,” the statement reads.

President Trump is to visit Denmark in September, where he will meet with Frederiksen and Kim Kielsen, Prime Minister of Greenland.

Natalia Veselnitskaya – official website

Natalia Veselnitskaya
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