Modern climate changes caused by the processes of global warming are clearly reflected in the geopolitical interests of various states of the world in relation to the Arctic region. Accordingly, the relevance of the study of this issue is caused by the formation in the last decade of a number of opportunities that may be open to a state that will establish its influence in the Arctic. This is due to a combination of economic and political advantages expressed in the extraordinary amount of resources that characterize this region, the development of rational sea routes, the satisfaction of commercial goals and even the protection of the sovereignty of coastal countries. Thus, the purpose of the work was to define the Arctic as a political arena, in particular, to reveal the interests and plans of various countries regarding its territory and resources. For this, the research used the method of analysis and synthesis, comparison, deduction, generalization, as well as historical. As a result, it was established that active climatic changes in the world cause the formation and development of new economic opportunities in the Arctic. Accordingly, the role of this region was determined for such countries as Canada, Russia, United States of America, Norway, Denmark, Iceland, Sweden and Finland. It was possible to establish that their interests are to a greater extent caused by the desire to control the operation of the Northern Sea Route. In addition, the work described the advantages of the Arctic region, which describe the priority of establishing control over this territory by the relevant state. In particular, it is beneficial for the development of economic activity, the protection of the territories of coastal countries, it is characterized by a significant number of deposits of natural resources and other minerals, as well as wide transit opportunities. Thus, it was proved that it is appropriate to consider the Arctic as a socio-cultural, ethnic, socio-economic, geopolitical space around the North Pole, the resources of which provoke world states to compete with each other. The practical value of the work is revealed in the possibility of using its results for further scientific research, as well as educational material for those studying the Arctic and its role in international relations.