President Donald Trump stated that the U.S. and NATO have established the "framework of a future deal" regarding Greenland and the broader Arctic region, while also withdrawing his threat to impose tariffs on European allies. Trump made the announcement on Truth Social on Wednesday, following discussions at the World Economic Forum in Switzerland.

According to Trump, this potential agreement, if finalized, would benefit both the United States and all NATO nations. He offered no specific details regarding the framework but characterized the discussions with NATO as "very productive." The announcement comes after weeks of strained relations within the transatlantic alliance, fueled by Trump's previous interest in purchasing Greenland and his threats of tariffs.

Trump's initial interest in acquiring Greenland, an autonomous territory within the Kingdom of Denmark, was met with resistance from Danish officials. While he acknowledged the unlikelihood of acquiring the island through military force, he reiterated his desire for U.S. ownership at the World Economic Forum. The nature of the "framework" remains unclear, and it is uncertain whether it addresses Trump's previous ambition.

The potential deal raises questions about the strategic importance of Greenland and the Arctic region. As climate change accelerates, the Arctic's geopolitical significance is growing due to its abundant natural resources and newly navigable shipping routes. Control over the Arctic could provide access to valuable minerals, oil, and gas reserves, as well as strategic advantages in terms of trade and military presence.

Diplomatic sources told the BBC's U.S. part that further details regarding the framework are expected to be released in the coming weeks. The specifics of the deal, including its potential impact on Greenland's autonomy and the involvement of other Arctic nations, remain to be seen.