On 19 October 2023 Canada and the Kingdom of Denmark with regard to Greenland signed a Letter of Intent on Cooperation For The Pikialasorsuaq Between The Department of Fisheries and Oceans of Canada and The Ministry of Agriculture, Self-sufficiency, Energy and Environment of The Government of Greenland. While not legally binding the objectives of the Letter of Intent –taking into account existing bilateral arrangements between the Participants and other relevant international obligations for the Participants of importance for the management of the area– are:
The Participants will:
Letter of Intent, Para 1
(a) establish a joint Pikialasorsuaq steering committee to develop instruments and common foundations for management of the area;
(b) share relevant existing scientific information, Inuit Qaujimajatuqangit in Canada, as well as hunter and user knowledge in Greenland from relevant government-based institutions and other sources, and cooperate and coordinate on research and monitoring of key ecosystem parameters relevant to the area;
(c) share information from consultations with local representatives of relevance to the area; and
(d) refer questions that fall wholly or partially outside of their areas of competence or outside the terms of this Letter of Intent for separate discussion with relevant authorities.

The Qikiqtani Inuit Association witnessed signature and the Inuit Circumpolar Council (ICC) welcomed the Letter of Intent. For more information see the press releases of the Governments of Canada and Greenland.