He highlighted the opportunities that arise from melting Arctic sea ice not only for Iceland but also for other states to include Asian – Arctic partners such as China, Singapore and Korea.
He stressed a need for economic cooperation between Arctic states with regards to Arctic natural resources exploration and exploitation.
Arctic Circle took place in Reykjavik, the capital city of Iceland 12th – 14th of October 2013. It was established to facilitate dialogue and build relationships to address rapid changes in the Arctic.
Participants in the Arctic Circle included a range of global decision-makers from all sectors, including political and business leaders, indigenous representatives, nongovernmental and environmental representatives, policy and thought leaders, scientists, experts, activists, students and media.
Conference aims to strengthen the decision making process by bringing together as many international partners as possible to interact under one large "open tent".