Denmark has unveiled plans to allocate around DKr14bn (equivalent to $1.96bn) for the enhancement of its military capabilities in the Arctic and North Atlantic territories. The consensus on this allocation was reached by the political parties including the Greenlandic and Faroese Governments that support the 2024-2033 Danish Defence Agreement.

NATO Secretary-General Mark Rutte and Danish Prime Minister Mette Frederiksen agreed at a meeting on Tuesday that allies need to focus on strengthening defences in the Arctic, a source familiar to the talks told Reuters.

The Secretary-General of NATO, Mark Rutte, and the Prime Minister of Denmark, Mette Frederiksen, have agreed on the need to strengthen defenses in the Arctic, according to a Reuters source knowledgeable about the discussions.