Karl-Petter Thorwaldsson

Karl-Petter Thorwaldsson, Minister for Business, Industry and Innovation

Minister for Business, Industry and Innovation

Ministry of Enterprise and Innovation

News from Karl-Petter Thorwaldsson

  • Impact of Russian invasion on Swedish companies and foreign trade

    Karl-Petter Thorwaldsson, Minister for Business, Industry and Innovation and Anna Hallberg, Minister for Foreign Trade and Nordic Affairs.
    Karl-Petter Thorwaldsson, Minister for Business, Industry and Innovation and Anna Hallberg, Minister for Foreign Trade and Nordic Affairs. Magnus Liljegren/Government Offices of Sweden

    In light of Russia’s invasion of Ukraine and the following sanctions, the Government is now strengthening preparedness for the Swedish business sector and foreign trade through close dialogue with relevant actors. The economic effects on Sweden are currently limited, but the situation concerning increased energy and oil prices, as well as the turbulent capital market, may deteriorate. There may be quite extensive and serious consequences for the world economy, which is why the Government is closely monitoring developments and is prepared to act depending on how events unfold.

  • Government proposes a ban on extraction of coal, oil and natural gas and stricter rules on extraction of alum shale

    In a proposal referred to the Council on Legislation for consideration, the Government proposes amendments to the Swedish Environmental Code and the Mineral Act that entail a ban on the extraction of coal, lignite, crude oil, shale oil and natural gas similar to the ban on uranium extraction. The Government also presents proposals aimed at tightening regulatory framework for the extraction of alum shale.

Content from Karl-Petter Thorwaldsson

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