Abstract

The authors have presented the research of Arctic strategies for the socio-economic development of circumpolar states with the identification of national and regional aspects. The research seems to be very relevant because of the growth of geopolitical and economic importance of the Arctic. Countries with Arctic territories together and individually develop legal framework of a country, taking into account the following: firstly, their priorities; secondly, the existing legal status of land, water and air spaces of the Arctic; thirdly, global interests of the present and future of the planet.

Highlights

  • The relevance of the research is determined by the following: in recent decades, the so-called "polar fever" i.e. the activities of some states in the use of arctic natural resources and territories has intensified in the Arctic

  • The carried out research made it possible to draw the following conclusions: 1. The analysis of the political and programmatic documents has shown that the state Arctic policies in the circumpolar countries are different

  • Public policies of other Arctic circumpolar countries are focused on expanding external interaction in the Arctic and maintenance of sustainable development of their own Arctic territories

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Summary

Introduction

The relevance of the research is determined by the following: in recent decades, the so-called "polar fever" i.e. the activities of some states in the use of arctic natural resources and territories has intensified in the Arctic. The fact is that large reserves of oil, natural gas, coal, and other hydrocarbon resources have been discovered in some arctic seas and on the continental shelf of the Arctic countries. The purpose of the research is to reveal some conceptual foundations and key priorities of the circumpolar states’ Arctic policies. Arctic policies of the circumpolar countries; Owing to global warming and ice cap displacement to higher latitudes, some new opportunities of the Northern Sea Route are being revealed. One of them is a new transport route that can connect Russia, the USA, China, Japan, the EU countries, opening up global economic opportunities. Petersburg to the port of Vladivostok along the Northern Sea Route is 7559 nautical miles (NM), and the alternative route through the Suez Canal is 1.64 times greater – 12419 NM; the distance from the port of Yokohama to the port of Murmansk on the Northern Sea Route is 5770 NM, and through the Suez Canal it is 2.2 times greater – 12840 NM

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