Danish parliament approves establishment of US military bases
ByAinvest
Thursday, Jun 12, 2025 1:44 am ET1min read
Danish parliament approves establishment of US military bases
Copenhagen, Denmark — In a significant geopolitical move, Denmark's Parliament on Wednesday approved a bill that allows the United States to establish military bases on Danish soil. The decision comes amidst heightened interest in Greenland, a strategic and mineral-rich Arctic island, by the Trump administration [1].The legislation, which expands a previous agreement made in 2023 with the Biden administration, grants the U.S. broad access to Danish airbases. The new parameters reflect President Trump's expressed interest in Greenland, despite the U.S. and Denmark being NATO allies. Danish Foreign Minister Lars Løkke Rasmussen assured lawmakers that Denmark retains the right to terminate the agreement if the U.S. attempts to annex Greenland [2].
The vote passed with 94 lawmakers in favor and 11 against, setting the stage for the bill to be signed into law by Danish King Frederik X. Greenland's Prime Minister has previously stated that the island will never be considered a piece of property that can be bought by anyone, underscoring the sensitivity surrounding the issue [3].
This approval follows Iran's recent warnings of potential strikes on U.S. military bases in the Middle East if nuclear talks with the U.S. collapse. Iran's Defense Minister, Brigadier General Aziz Nasirzadeh, stated that all U.S. bases in the region are within Iran's reach and that Iran will act decisively if negotiations fail [4].
The approval of U.S. military bases in Denmark and the ongoing tensions with Iran highlight the complex geopolitical landscape and potential implications for global security and trade routes. Investors and financial professionals should closely monitor these developments for their potential impact on regional stability and economic activity.
References:
[1] https://www.newsmax.com/world/globaltalk/denmark-united-states-military-bases-greenland/2025/06/12/id/1214582/
[2] https://www.business-standard.com/world-news/denmark-approves-us-military-bases-amid-renewed-interest-in-greenland-125061100999_1.html
[3] https://dailytimes.com.pk/1313618/iran-warns-of-strikes-on-us-bases-if-nuclear-talks-fail/
[4] https://m.economictimes.com/news/defence/denmark-approves-us-military-bases-on-danish-soil-as-trump-eyes-greenland/articleshow/121792141.cms

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