Posts tagged ‘Iceland’

16/04/2013

* China, India, Singapore could join new Arctic Circle forum

Reuters: “China, India, Singapore and other countries far from the Arctic Circle could be part of a new global forum to widen the discussion about the fate of the planet’s Far North, Iceland President Olafur Grimsson said on Monday.

Map of the Arctic with the Arctic Circle in blue.

Map of the Arctic with the Arctic Circle in blue. (Photo credit: Wikipedia)

The non-profit forum, Arctic Circle, will hold its first meeting in Reykjavik, Iceland’s capital, in October.

Such a gathering is needed, Grimsson said, because, while most countries have a stake in the melting of Arctic ice, only eight – Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States – are members of the Arctic Council, an intergovernmental group set up in 1996.

Some non-Arctic countries can observe the deliberations, but they have no formal voice on the Council about sustainable development and environmental protection in the region.

The Icelandic leader said he had discussions about the Arctic this year with officials from China, India and Singapore. The first agenda item of these discussions was when these countries would get a seat on the Arctic Council.

The Arctic Circle forum will be “an open, democratic tent where everybody who wants to participate will actually be welcome,” Grimsson said at an event at the National Press Club.

He said concerned citizens, representatives of non-governmental organizations, scientists, researchers can join governments and corporations to be part of this discussion.

And while it may take a while for the Arctic Council to decide which countries might become permanent observers at its meetings, these same countries can send representatives to the Arctic Circle to make the case for inclusion.

He also mentioned that China and Iceland announced a new free trade agreement on Monday.

Arctic sea ice is a key indicator of climate change and a powerful global weather-maker. Last year, Arctic sea ice melted to its lowest levels on record, authorities have said.

Besides making global sea levels rise and influencing world weather, the ice melt means new water routes are opening between Europe, Asia and North America, a trend that will have a profound impact on global shipping.

Last year, as summer sea ice shrank, the first Chinese icebreaker made the trip from Shanghai to Iceland via the Northern Sea Route along the Russian coast.

By mid-century, the quickest way to get goods from Asia to the U.S. East Coast might well be right over the North Pole, according to a University of California-Los Angeles study.”

via China, India, Singapore could join new Arctic Circle forum | Reuters.

21/04/2012

* China’s Premier in Iceland, eyes on Arctic riches

extract from Reuters: “China signed accords on energy cooperation and the Arctic in Iceland on Friday as Premier Wen Jiabao started a tour of northern Europe that will focus on Chinese investment in a continent eager for funds and to trade with the rising world power.

Centrepiece of the trip will be a visit to Germany, where Wen and Chancellor Angela Merkel will on Sunday and Monday burnish industrial ties that have done much for both economies. That the prime minister of the world’s most populous nation should stop first, however, on a remote island of just 320,000 has raised hopes for an injection of Chinese cash into an economy ravaged by the bursting of a financial bubble in 2008 – but also suspicion of Beijing’s hunger for natural resources. …

Over two days, Wen, who trained as a geologist, will see volcanic geysers and electricity plants where Iceland captures geothermal energy. Friday’s meetings between Wen and Icelandic Prime Minister Johanna Sigurdardottir resulted in agreements to cooperate in the Arctic region, in marine and polar science and in geothermal energy. Orka Energy Ltd – an Icelandic firm focused on producing geothermal energy – and China’s Sinopec Group also signed a deal to develop geothermal energy in China for heating houses and the production of electricity, though no figures were provided. …

But by starting with a full-scale visit to Iceland, Wen has fuelled European concern that China might be trying to exploit the country’s economic troubles to gain a strategic foothold in the North Atlantic and Arctic region. The area has big reserves of oil, gas, gold, diamonds, zinc and iron. And with global warming melting polar ice, it may offer world powers new shipping routes – and naval interests – for the trade between Asia, Europe and America’s east coast. “When it comes to the Arctic, we always have China on our mind,” said one European diplomat from the Nordic region, who spoke to Reuters this week on condition of anonymity.

But conspiracy theories over why such an Asian giant would be interested in such a small nation abound. “Given Chinas investment pattern around the globe, people have asked questions. Why are doing this? Is there some ulterior motive?” said Embla Eir Oddsdottir at the Stefansson Arctic Institute. “For next decade they are going to be battling some sort of suspicion as to their motive, because people have a tendency to link them to some type of regime.” …”

via UPDATE 3-Chinas Wen in Iceland, eyes on Arctic riches | Reuters.

Why the suspicion and conspiracy theory?  China has been wooing all sorts of countries in the recent past – see posts:

https://chindia-alert.org/2012/04/16/us-alert-as-chinas-cash-buys-inroads-in-caribbean/

https://chindia-alert.org/2012/12/31/question-who-did-china-woo-in-2012/

https://chindia-alert.org/political-factors/geopolitics-chinese/

It is part of China’s geopolitical plan to be friends wioth everyone – without prejudice to religion, race, politics, etc!

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India