Export-import economics of the northern regions of Russia at the crossroad of international sanctions: past and present, geopolitics of compromise

Abstract

In this article, the author discussed historical prerequisites for the inclusion of the North in the world economy and analyzed the participation of the Arctic territories of the Russian Federation in international trade 2000–2016. The impact of the Western sanctions and their influence on the dynamics and structure of foreign trade is also in a focus of the present article as well as the political economy provisions that allow overcoming the negative nature of international economic relations between the Russian Federation and Western countries. The author proves the expediency of changing the geopolitical positions of the West and Russia with a view to moving towards a compromise model of economic cooperation between the North of Russia and the EU and other countries.

Keywords

• Euro-Arctic territories of Russia
• Arkhangelsk in history of trade
• foreign trade
• export
• import
• new technologies in production
• geopolitics
• international sanctions