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Topic - Olafur R. Grimsson
China and other Asian nations have been moving aggressively to exploit the commercial potential of the Arctic as more of the region becomes accessible for development and shipping in the increasingly ice-free summer, while the U.S. appears to be dragging its feet, Icelandic President Olafur R. Grimsson told editors and reporters at The Washington Times.
By contrast, the U.S. has seemed distracted by the wars in Afghanistan and Iraq and other conflicts around the world, and has been slow to respond to the fast-moving changes up north, he said.
Coastal cities such as Shanghai and Hong Kong are threatened by rising sea levels, just like cities elsewhere, he said.