Trump's failed efforts at acquiring the Arctic territory has prompted a diplomatic spat between the U.S. and Denmark.
The Kremlin has mocked President Donald Trump's proposed purchase of the Danish territory of Greenland, suggesting that Russia would not engage in"shopping" of that kind.
Though sparsely-populated, Greenland is rich in mineral wealth and occupies a strategically valuable position within the Arctic circle. World powers are increasingly looking towards the Arctic, where new sea lanes are opening and natural resources becoming available as a result of melting sea ice caused by climate change.
Last weekend, Trump confirmed media reports that he was interested in buying Greenland from Denmark."Essentially it's a large real estate deal,", suggesting that"a lot of things could be done" to ensure the deal, possibly including a trade for some U.S. territory.
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