The Greenland agreement is a geopolitical bargain with a clear economic logic.
Greenland gains a pathway for local firms to supply U.S. defense activity.
Washington gains long-term military access across a critical Arctic territory.
Greenland does not “sell” sovereignty.
The U.S. gets broad access, overflight, maritime and undersea movement, the ability to expand Pituffik and create new Defense Areas, including Narsarsuaq and Mestersvig.
In return, U.S. contracts for construction, maintenance and services must go to Greenlandic suppliers “to the maximum extent possible.”
A strategically vital Arctic military hub, more local investment and jobs for Greenland, and no direct U.S. acquisition cost.
A very clever deal