GDP: US$1.7 billion (2005).
Main imports: Machinery and transport equipment, manufactured goods, food and petroleum products.
Main exports: Fish and fish products.
Main trade partners: China, Denmark, Japan, Norway and Sweden.

Greenland withdrew from the European Community (now the European Union) in February 1985 over the issue of the fisheries policy. EU member states are allowed to fish within Greenland’s maritime exclusion zone in exchange for an annual cash payment; this compensates, in part, for the loss of development aid which Greenland would otherwise have received. It also enjoys preferential access to EU markets.

Although there are plans to develop the island’s mineral deposits of iron ore, uranium, zinc, lead and coal, the economy ultimately depends on large subsidies from the Danish central government. The KNI (Royal Greenland Trade Department) organises transport, supplies and production in the country.

Suits should be worn. A knowledge of Danish is extremely useful.

Office hours: Mon-Fri 0900-1700 or 0800-1600.

Cultural Conference Centre in Katuaq (Information on Conferences and Conventions)
PO Box 1622, DK-3900 Nuuk, Greenland
Website: www.katuaq.gl