Tag Archives: Regjeringen

Norway Today: Dual citizenship approved

From 1 January 2020, Norwegians can become nationals of another country without losing their Norwegian citizenship, and foreign nationals no longer have to give up their original citizenship to become Norwegian.

 

“When we allow for dual citizenship, we ensure that Norwegian law follows developments in a more globalized world, where more and more people are connected to more than one country,” Minister of Knowledge and Integration Jan Tore Sanner said in a press release.

 

Read entire article HERE.

Regjeringen: Første høring i Norges WTO-sak mot USA om stål og aluminium

Et tvisteløsningspanel i WTO starter i dag første høringsmøte i stål- og aluminiumssaken mot USA.

Norge innledet i juni 2018 tvistesak mot USA om tilleggstoll på visse stål- og aluminiumsprodukter i Verdens handelsorganisasjon (WTO). Vi mener tilleggstollen er i strid med WTO-regelverket.

WTOs tvisteløsningsorgan opprettet i november 2018 et panel som skal vurdere saken, og i dag starter panelets første høringsmøte med partene. Det er satt av to dager til høringen. I tillegg til Norge, har seks andre medklagere i disse dager høring i sin tvistesak mot USA om de samme tiltakene. Norges høring er den tredje i rekken av disse syv tvistesakene.

Les hele saken HER.

Bloomberg: Norway Warns Its Companies to Not Hurt Brazil’s Rainforest

Norway’s government warned companies present in Brazil against any involvement in deforestation amid escalating international criticism of the Latin-American country’s management of the Amazon rainforest.

Amid raging wildfires in the rainforest, France’s president has threatened not to approve the Mercosur trade agreement as long as Brazil doesn’t live up to commitments to tackle climate change. Norway has also found itself at odds with Brazil, as the Nordic country and Germany froze millions of dollars for a preservation fund for the Amazon because they said the agreement had been broken.

Read entire article HERE.

Government: Norway joins European collaboration for cross-border access to genomic data

Norway now joins an ambitious and extensive genomics collaboration with other European countries. The collaboration will benefit Norwegian research, Norwegian health care and Norwegian patients.

The goal of this European collaboration is to improve the research quality. The data can contribute to better prevention, earlier and easier diagnostics, less side effects and more precise prognosis through personalized medicine. 

– There is a huge potential for knowledge and medical treatment in genomics. Health care personnel in Norway need access to international databases with genetic information in order to offer the best possible diagnostics and treatments. By entering into this collaboration, Norwegian experts will be able to contribute to the development of these databases, says Minister of Health Bent Høie.  

Read entire article HERE.

MAREX: Norway Updates Ocean Strategy

The Norwegian Government has released an updated Ocean Strategy, noting that the nation’s blue economy has been important for centuries.

The Norwegian ocean areas contain rich oil and gas resources, which have played a key role in the development of the nation’s welfare state. At the same time, Norway’s ocean is the basis for one of the world’s largest and most sustainable seafood industries, as well as a large maritime industry. 

The Organisation for Economic Cooperation and Development (OECD) estimates that the ocean economy’s contribution to global value creation will be doubled by 2030, compared to 2010. The opportunities for future growth and new jobs are considerable for industries operating in global markets; both in established industries such as oil and gas, fisheries, aquaculture and shipping, as well as in industries such as coastal-based tourism, space activity, and emerging industries such as offshore wind, seabed minerals, and new biological resources for food and pharmaceuticals.

Read entire article HERE.

Click HERE to download the government’s new strategy.

Government: Announcement of Awards in Predefined Areas (APA) 2019

The Norwegian Ministry of Petroleum and Energy announces this year’s licensing round in mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2019.

– I am delighted to announce this year’s APA round. We are continuing our practice of offering regular concessions on the NCS to provide the industry access to new acreage. Awarding prospective acreage is a central element in the Government’s policy. I believe the oil companies are well motivated to continuing exploring the NCS, says Minister Kjell-Børge Freiberg.

In the APA 2019, the predefined area has been expanded by a total of 90 blocks – five in the North Sea, 37 in the Norwegian Sea and 48 in the Barents Sea.

– The expansion of the APA-area is important to ensure effective exploration of larger parts of the NCS, including the Barents Sea. The expansion will give the companies access to new opportunities that can enable value creation, employment and technology development.

Read entire press release HERE.

Bloomberg: Here’s What Lawmakers Want to Do With Norway’s $1 Trillion Fund

Key lawmakers gave a nod to a range of changes for Norway’s $1 trillion sovereign wealth fund — from divesting some of its oil stocks, to an overhaul of its fixed-income holdings and tighter restrictions on coal investments.

But even after one of the most eventful years in the fund’s history, more change could be coming, documents from parliament’s Finance Committee revealed.

As the committee as expected late on Tuesday approved the government’s plans ahead of a vote in parliament, opposition politicians made a series of proposals and comments that show what the world’s biggest wealth fund may have in store in the years ahead, maybe even as soon as after the 2021 election.

Read entire article HERE.

Bloomberg: Oil-Rich Norway to Stress Test Its Finances Amid Climate Risk

Norway, western Europe’s biggest oil and gas producer, plans to stress-test its public finances with different price scenarios to better understand risks related to climate change.

The government’s decision follows recommendations from an expert report last year on climate risk, and comes amid an intensifying public debate in the Nordic nation about the future of the petroleum industry that has made it one of the world’s richest countries.

Read entire article HERE.

MAREX: Nordic Countries Call for Ocean Plastic Treaty

Nordic governments have become the first in the world to formally call for a global treaty to tackle ocean plastic.

The call was made at a gathering of the environment ministers of Denmark, Finland, Iceland, Norway and Sweden at the Nordic Council in Reykjavik, Iceland. 

In the declaration, the ministers for the environment are pushing for a global agreement on plastic. The declaration, which has been sent to E.U. governing bodies, UNEP, the G7 and the G20, also asks the Nordic Council of Ministers to prepare a study to consider which specific elements should be included in a global agreement to combat microplastics and plastic waste in the marine environment.

Read entire article HERE.