The Arctic – A region of the future for the European Union and the world Economy

Over the past few years the effects of climate change have led to an increasing interest of the world's major powers in the Arctic. The issue at stake is not restricted simply to the climate but it is also of economic and strategic interest. The Arctic is revealing itself to be the new frontier in terms of international relations between America, Europe and Asia. If given the necessary means the European Union, a regional player, has an opportunity to assert itself. The strengthening of its relationship with Greenland, a key area for future development in the Arctic, is of vital importance for the European Union.

ESO: Background information: Greenlanders go to the polls as interest rises in the Arctic island http://www.europeansources.info/record/greenlanders-go-to-the-polls-as-interest-rises-in-the-arctic-island/

EEAS: EU Arctic Policy http://www.eeas.europa.eu/arctic_region/index_en.htm

ESO: Background information: China beats EU to Arctic Council membership http://www.europeansources.info/record/china-beats-eu-to-arctic-council-membership/

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