“The Nordic countries are stronger when we work together. Close Nordic coordination is essential to ensure that goods and services continue to reach those who need them, even in challenging situations,” says Minister of Industry and Commerce Cecilie Myrseth.

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

The declaration provides a framework for enhanced cooperation in areas including:

  • Further development of arrangements to ensure the flow of goods and services during crises and war
  • Public-private cooperation on security of supply
  • Emergency stockpiling and material preparedness
  • Access to critical raw materials and other strategic resources
  • Exchange of experience and knowledge-sharing among the countries

Greater predictability

Norway has extensive experience in cooperating on security of supply with both Sweden and Finland. These experiences provide an important foundation for further Nordic cooperation.

“For industry, this can contribute to greater security and access to raw materials, other production inputs, and service personnel during crises. Trade may continue across Nordic borders. Our export industries will benefit from greater predictability in times of crisis and war. We therefore welcome this initiative and look forward to developing further our cooperation with our Nordic neighbours,” says Minister of Industry and Commerce Cecilie Myrseth.

The cooperation will be anchored in the Nordic Security of Supply Network (NSSN), which was established in 2023. Among other measures, a joint study will be conducted to explore opportunities for further cooperation, and the participating countries will report regularly on progress and results.

The agreement was signed ahead of the Nordic Supplies Summit, the annual meeting of the Nordic network for security of supply in the beginning of September in Stockholm.

The Nordic countries will also consider the possibility of negotiating a common security of supply agreement that could complement or replace existing bilateral agreements.