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Friday, May 9, 2025

U.S. eyes special trade status for Greenland



The U.S. is considering entering into a Compact of Free Association (COFA) agreement with Greenland, according to a new report from Reuters. At the moment, only Micronesia, the Marshall Islands and Palau have COFA agreements with the U.S.

What is a Compact of Free Association Agreement?

The exact benefits of being a COFA partner varies, but typically includes things like mail services, military protection, and “largely duty-free” trade. The U.S. military is also allowed to be present in COFA countries.

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