US Greenland Deal Shifts Focus to Investment

A new security agreement between the US, Denmark and Greenland would expand the American military role while preserving Greenlandic sovereignty, shifting attention toward potential US investment in mining, infrastructure and tourism.

Former US diplomat Lewis Lukens tells David Gura and Christina Ruffini on Bloomberg This Weekend that Greenland welcomes investment but faces formidable obstacles including limited transportation infrastructure, a small workforce and the high cost of developing projects in the Arctic.

(Source: Bloomberg)