Dependency status:
territory of Norway; administered by the Polar Department of the
Ministry of Justice, through a governor (sysselmann) residing in
Longyearbyen, Spitsbergen; by treaty (9 February 1920) sovereignty
was awarded to Norway
Government type:
NA
Capital:
name: Longyearbyen
geographic coordinates: 78 13 N, 15 33 E
time difference: UTC+1 (6 hours ahead of Washington, DC during
Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last
Sunday in October
Independence:
none (territory of Norway)
Legal system:
NA
Executive branch:
chief of state: King HARALD V of Norway (since 17 January 1991)
head of government: Governor Odd Olsen INGERO (since 8 June 2001)
and Assistant Governor Rune Baard HANSEN (since NA)
elections: none; the monarch is hereditary; governor and assistant
governor responsible to the Polar Department of the Ministry of
Justice
International organization participation:
none
Flag description:
the flag of Norway is used
Economy Svalbard
Economy - overview:
Coal mining is the major economic activity on Svalbard. The treaty
of 9 February 1920 gives the 41 signatories equal rights to exploit
mineral deposits, subject to Norwegian regulation. Although US, UK,
Dutch, and Swedish coal companies have mined in the past, the only
companies still mining are Norwegian and Russian. The settlements on
Svalbard are essentially company towns. The Norwegian state-owned
coal company employs nearly 60% of the Norwegian population on the
island, runs many of the local services, and provides most of the
local infrastructure. There is also some hunting of seal, reindeer,
and fox.