The “Greenland Vector” of U.S. Geo-Economic Strategy

Authors

  • Valentin Yurievich Myagkov Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412/2072-8042-2025-2-61-68

Keywords:

Greenland, economy, resource potential, US foreign economic policy, struggle for control, strategic resources, Arctic

Abstract

In December 2024, less than a month before his second inauguration, the President-elect of the United States, D.Trump said that he considers Greenland as an essential element of ensuring US national security, and establishing control over it is an “absolute necessity.” And although neither Greenland itself nor Denmark, which includes the island, rejected the American idea, legitimate questions arise: what is the “enduring value” of Greenland, is it possible for it to come under U.S. control or jurisdiction, and what strategic goals are pursued by the American administration’s steps to acquire it. The article discusses the issues of Greenland’s economic potential and its role in the U.S. geo-economic strategy.

Author Biography

Valentin Yurievich Myagkov, Russian Foreign Trade Academy

Candidate of Sciences in Economics, Senior Researcher,
Department of International Trade and Foreign Trade of the Russian Federation – Professor

Published

2025-03-06

How to Cite

Myagkov, V. Y. (2025). The “Greenland Vector” of U.S. Geo-Economic Strategy. Russian Foreign Economic Journal, (2), 61–68. https://doi.org/10.24412/2072-8042-2025-2-61-68

Issue

Section

World economy