Newsletter Cracks in the Nordic Community

Måneoppgang over Ingólfsfjalll, Island okt 24

No matter what changes the world is experiencing, the moon always rises above Ingolsfjell in Iceland. (Photo: Trine Jonassen)

Dear reader. Finland withdraws from the Barents Euro-Arctic Council, and the Swedish mining company LKAB postpones its green transition. We are experiencing a shift in the North, but toward what? Read the newsletter to learn more.

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Finland will withdraw from the Barents Euro-Arctic Council after 2025 and rather invest in other formats for cooperation in the North. 

That is why a new form of cooperation should be created across the Cap of the North that encompasses both regional and national levels, believes the regional political leaders in Northern Norway. 

"From the Norwegian side, we will assess the path forward for the council together with the remaining members," says Norway’s Ministry of Foreign Affairs to HNN. 

The green dream 

The Swedish state-owned mining company LKAB is choosing to slow the transition to fossil-free production of iron ore in the northern Swedish town of Kiruna. 

And to avoid bankruptcy, the troubled Swedish battery manufacturer Northvolt is filing for reorganization and bankruptcy protection in the US. 

Gas, taxes, and an award 

Despite mounting Western sanctions, Russia’s largest shipping company, Sovcomflot, appears set to operate ice-capable LNG carriers for Arctic LNG 2 currently under construction in Russia.

In this week's comment, Editor and Commentator in High North News, Arne O. Holm, believes that Norwegian MoF Trygve Slagsvold Vedum (Center) misses the mark when he tries to prove that taxes are not just income for the state but also a political governance tool. (Norwegian only) 

And finally, some good news: 

Because the search for next year's finalists for the High North Young Entrepreneur award has begun. 

Read about this and more at High North News. We are now also on Blusky, so feel free to follow us there! 

Sincerely, Editor-in-Chief Trine Jonassen

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