Norway's Finance Minister on Petroleum Fund Investments in the US

Norway's Petroleum Fund

• 🇳🇴 Norway's Finance Minister discusses the nation's petroleum fund, highlighting that Norwegians work hard and innovate, transferring wealth into investments.
• 🇺🇸 Approximately half of the fund, close to one trillion US dollars, is invested in the United States, primarily in equity but also in fixed income, including government bonds.
• 🤝 The fund's investment strategy is presented as an expression of trust in the United States.

Sharing Experiences and Support

• 💡 Norway is open to sharing its experiences and techniques in organizing its sovereign wealth fund with US colleagues, though not for direct copying.
• 🇺🇦 Norway has tripled its military support to Ukraine, contributing close to a billion US dollars to strengthen their defense capabilities.
• 🕊️ There's a shared responsibility to secure a democratic Ukraine for the future, with the ability to defend themselves being the best security guarantee.