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UK to host Nordic/Baltic summit

Britain is to host a summit of Scandinavian and Baltic states to share ideas about boosting equality, well-being and competitiveness, Downing Street has announced.

The Nordic/Baltic Summit in London on January 19-20 is the initiative of Prime Minister David Cameron, who said it would bring together countries which face common challenges.

Attending will be heads of government, business leaders and policy experts from the UK, Sweden, Finland, Norway, Denmark, Iceland, Estonia, Latvia and Lithuania.

The summit will bring together members of the European Union with non-members Norway and Iceland and will include countries with widely varying experiences of the recent economic crisis - from Iceland, whose banks were some of the first victims of the crash, to Norway, which retains one of the world's healthiest export surpluses.

Mr Cameron said: "This meeting will bring together people and ideas from nine countries that face common challenges.

"We are coming together in London to listen and learn and capture ideas - the kind of ideas that can make our societies better places for our citizens to live in."

A Downing Street spokeswoman said that the exploitation of North Sea oil reserves is likely to be one of many subjects discussed, along with issues such as trade, technology, the green economy and family policy.

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