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- October 17, 202612°
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Rubio and allies agree to continue investing in Arctic security
U.S. Secretary of State Marco Rubio discussed security, investment and coordination with the foreign ministers of Canada and European Arctic countries in New York on Monday. Rubio also discussed the economy, regional security and political stability with Bolivian President Rodrigo Paz.
U.S. Secretary of State Marco Rubio met in New York during the high-level week of the United Nations General Assembly with the foreign ministers of Canada, Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden to discuss the security and investment of the Arctic region.
The meeting addressed coordination on shared security challenges as well as investment opportunities in the region. The participants agreed that investment should continue to safeguard Arctic security and strengthen deterrence against strategic rivals.
The talks also covered the development of sovereign military and economic capabilities, securing investments, and financing resilient critical infrastructure that would ensure reliable access to the region.
U.S. State Department spokesperson Tommy Pigott said that sustained investment and coordination among allies in response to shared challenges in the Arctic were of strategic importance.
Rubio cited the Icebreaker Cooperation Initiative Pact between the United States, Canada and Finland as an example of industrial cooperation and burden-sharing. The pact was strengthened by U.S. President Donald Trump's commitment to significantly expand the country's icebreaker fleet.
Rubio discusses economy with Bolivian leader Paz
During his meetings on the sidelines of the General Assembly, Rubio also met with Bolivian President Rodrigo Paz. The U.S. secretary of state described Bolivia as a critically important partner for the region.
The United States welcomed Paz's efforts to stabilize Bolivia's economy through support from the International Monetary Fund, additional multilateral bank financing, and reforms in the fuel, mining and energy sectors. These steps are expected to strengthen the country's investment climate.
The two officials also discussed regional security cooperation, particularly efforts to combat narco-terrorist groups, and support for Bolivia's political stability. They said they would continue cooperation to deliver tangible results for the peoples of both countries.
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