Finnish businesses push Arctic onto political agenda
The Arctic is big business. In the Barents region alone, potential investments could add up to €140 billion ($150 billion) over the next decade or so, reckons EK, Finland’s national chamber of commerce. The organisation, however, frets that the country is not doing enough to preen itself for potential investors.
In order to make sure that Finland does not miss out in its fair share of investor cash, EK, in a report released last month, laid out 10 recommendations for what it considers a coherent Arctic economic policy.
In addition to the content – which includes suggestions such as making sure that Finland takes a leading role in formulating Arctic policy in Brussels – the report, which was shepherded by Paavo Lipponen, a former prime minister, was equally important for its timing: just a month before the April 19 general election.