The Communist Party of Norway (NKP) has strongly condemned a proposal to allow the country's sovereign wealth fund, commonly known as the Oil Fund, to invest in companies producing nuclear weapons. In a statement issued by its International Committee, the party warned against turning public wealth into a source of profits for the nuclear arms industry.
The proposal, submitted by a government-appointed committee headed by former central bank governor Svein Gjedrem, would introduce exemptions allowing investments in nuclear weapons manufacturers based in NATO countries officially recognized as nuclear powers.
The proposal, submitted by a government-appointed committee headed by former central bank governor Svein Gjedrem, would introduce exemptions allowing investments in nuclear weapons manufacturers based in NATO countries officially recognized as nuclear powers.


