AGP Executive Report
Last update: 3 hours agoDefence Industry: Norway has begun assembling Leopard 2A8 tanks at a new Levanger facility, which will produce 37 of the 54 tanks ordered and could assemble up to 36 a year. NATO Probe: Five people have been arrested in Norway in a cross-border investigation into alleged fraud and bribery tied to NATO ship-supply contracts; investigators estimate losses above €1 million. Wealth Fund Rules: A government-appointed commission recommends allowing the oil fund to invest in major defence companies, including nuclear weapons makers, prompting warnings that the proposed ethics overhaul could weaken human-rights safeguards. Economy: Norway’s trade surplus rose sharply in September. Thailand and Norway also signed a tax treaty intended to reduce double taxation and support trade and investment. Ukraine Support: Norway is sending a further $78.5 million to help cover Ukraine’s public-sector salaries.
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