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A large plot of private land in the Arctic Svilbardi Archipelago May be sold soon For around 300 million euros ($ 330 million), but the Oslo Agreement caused concern for national security.
Real estate, known as Søre Fagerfjord, covers approximately 60 square kilometers (23 square kilometers) and is last privately owned land in Svalbard.
A group of international and Norwegian investors offered to buy a country, but officials in Norway take care that they could give foreign forces a strategic stronghold in the sensitive Arctic region.
The country is about 60 kilometers (37 miles) from Longyearbyen’s capital and has already been in Norwegian hands for more than a century. The list indicated for sale last year, and the government quickly made it clear that any sale must be removed in advance for security laws.
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Snow-covered mountains near Kings Bay Research Station in Ny -ålesund on Spitsbergen Island, Norway, April 10, 2015. (Jens Büttner/Picture Alliance via Getty Images)
One of the sellers even called him a “strategic foothold in the high Arctic,” which just encouraged concern.
Svalbard is becoming more and more important because the melting of the sea ice opens up new routes of the ship and increases the global interest in the region.
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White debt over the Arctic Sea in Svalbard, Norway. (Arterra/Universal Images Group via Getty Images)
Customers describe themselves as ecologists from NATO countries who want to protect the land.
“The consortium includes Norwegian and international investors who have a long -term perspective of this territory from the environmental changes,” said Birgit Liodden, a shareholder and climate activist.
She added that approximately half of the money from the sale would go to the environmental projects in Svalbard. So far, the group has not talked about selling with the Norwegian government.
In the area surrounded by Norenskjøld Land National Park in Svalbard, a lonely polar bear was exposed on the rocks, stood by the glacier a decade ago. (Mark Fitzsimmons, Sony World Photography Awards 2023)
Still, Norwegian officials are careful. 2024. They blocked a similar Attempt at Chinese investors. Cecilie Myrsetth Commerce Minister warned at the time that such actions could harm regional stability and endanger national interests.
Svalbard is regulated by a 1920 contract that gives over 40 countries, including Russia, China and the US, the same right to life and work there.
Russia, which manages the settlement on the islands, accused Norway of interrupting the contract by increasing its military presence, which Norway denies.
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The seller’s lawyer, according to Kyllingstad, said that customers just want to protect nature and that sales should not be blocked.
