INTERNATIONAL ECONOMIC COOPERATION OF THE ARCTIC REGIONS

Abstract

The paper discusses the levels and intensity of economic cooperation of the Arctic countries and regions. There has been unprecedented economic interaction between the Polar countries over the last 20 years. The paper identifies the fundamental principles of international economic cooperation in the circumpolar area. It describes scenarios of development of the Russian Arctic to the year 2020, which vary depending on the intensity of economic cooperation in the circumpolar area.

Keywords

• international economic cooperation
• circumpolar area
• levels
• fundamental principles of arctic cooperation