Thairath Online
Thairath Online

Putin Says Ownership of Greenland Is Not Russias Business, Estimates Value Could Reach $1 Billion

Foreign22 Jan 2026 16:26 GMT+7

Share article

Putin Says Ownership of Greenland Is Not Russias Business, Estimates Value Could Reach $1 Billion

Russian President Vladimir Putin revealed during a Russian Security Council meeting that Russia has no concerns or objections regarding U.S. President Donald Trump's attempt to acquire Greenland. He stated that it is a matter for the U.S. and Denmark to reach an agreement on their own, as it is not Russia's business.

This stance came amid U.S. President Donald Trump's push to control Greenland, which has caused tensions between the U.S. and Europe. Although Russia has been closely monitoring the situation, Putin signaled that Russia would not oppose the U.S. moves on this matter.

Putin referred to history by saying, "What is happening in Greenland is not something we need to worry about at all." He added, "Denmark has treated Greenland like a colony, sometimes harshly, even brutally, but that is another matter that seems to have drawn little attention now." This attitude was seen as expressing displeasure toward Denmark, which has consistently provided financial and military aid to Ukraine.

The Russian leader also analyzed Greenland's value by citing historical examples such as Russia's sale of Alaska to the U.S. in 1867 for $7.2 million, and Denmark's sale of the Virgin Islands to the U.S. in 1917, which serve as precedents for land transactions.

Putin estimated that, accounting for inflation, Greenland's larger size compared to Alaska, and changes in gold prices, the purchase price for Greenland could be as high as approximately $1 billion, or about 31.3 billion baht, which he considers an amount the U.S. government could easily afford.

On the same day in Davos, President Trump softened his threatening tone regarding tax measures to pressure Denmark and confirmed that no military action would be taken to seize the island. He indicated progress in negotiations to resolve the dispute over this semi-autonomous territory, which has been the source of one of the most significant rifts between the U.S. and its European allies in decades.

Meanwhile, the Russian Ministry of Foreign Affairs, while expressing displeasure at U.S. accusations that Russia also plans to seize Greenland, was cautious not to criticize Trump directly, as Trump is attempting to mediate an end to the war in Ukraine. Russian Foreign Minister Sergey Lavrov further stated that Greenland, a resource-rich island, "is not naturally part" of Denmark.


. . . sourceReuters