Strengthens Nordic cooperation on security of supply

Hilde-Gunn Bye
nordics preparedness security of supply

The Nordic countries have signed a joint declaration on security of supply and preparedness cooperation. The initiative aims to ensure better access to goods and services in times of crisis and war.

This is stated by the Ministry of Industry, Commerce and Fisheries in a press release.

The current security situation in Europe has highlighted the need for resilient supply chains. Now the Nordic countries Norway, Sweden, Finland, Iceland and Denmark, together with Åland, the Faroe Islands and Greenland, have agreed on a joint declaration to further develop cooperation to maintain production, logistics and distribution of critical goods and services during crises and war, the statement says.

The declaration facilitates increased cooperation on, among other things:

· further development of schemes for the flow of goods and services in crises and war

· public-private collaboration on security of supply and emergency preparedness

· emergency storage and material readiness

· access to critical raw materials and strategic resources

· exchange of experiences and knowledge between the countries

“The Nordic countries are stronger when we cooperate. Close Nordic coordination is important to ensure that goods and services reach their destination even in demanding situations,” says Norway's Minister of Trade and Industry Cecilie Myrseth (Labour).

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