Goal 3: Stronger regional and global market opportunities for Nordic companies

Co-operation to bolster regional and global market opportunities for Nordic companies means that, where relevant, the Nordic countries should come together to ensure uniform regulations and standards to work towards the removal of border obstacles and to create good conditions for those companies that want to operate across borders in the Nordic Region. This co-operation must complement existing collaborations between countries; for example, by placing focus on the simplification of rules.  Nordic positions relating to the formulation of regulations at the EU level and within international fora may also be advanced as necessary.

The Nordic Region has long since attached importance to sustainability. This can give Nordic businesses an important head start when it comes to the production and export of innovative green solutions. Companies that are among the first to develop products and services with low emissions will be able to leverage market opportunities in a global low-emission economy.  The green transition has become a competition parameter in the same way as the green agenda has become an economic agenda.

Ministry of Industry, Business and Financial Affairs. (2023) Redegørelse om vækst og konkurrenceevne p. 35.
von der Layen, U. (2023). State of the Union Address. European Commission. 

If we are to maintain and accelerate our leading regional position, the Nordic Region must take a more targeted approach to raising understanding of and co-operation around how the countries’ different positions of strength can better complement one another in value chains and ecosystems. This can result in faster scaling and more exports of Nordic solutions within the green transition.