Security Concerns Grow Over Svalbard Land Sale, Norway Blocks Deal
Norwegian authorities blocked the sale of land in Svalbard to foreign investors over security concerns. Norway has recently moved to intervene in the proposed sale of Søre Fagerfjord, the last privately owned parcel of land in the Svalbard archipelago, citing national security concerns. The 60-square-kilometre property, located in southwestern Svalbard, includes fjords, mountains, plains, and…