New technologies and climate change have significantly raised the profile of Arctic resources for the global economy. According to the Economist, the Arctic is warming twice as fast as the rest of the planet. Many experts quoting Alfred T. Mahan’s work «The Influence of Sea Power Upon History” agree that seaborne commerce in the High North will become an important geopolitical factor over the next several decades. Prospects of political dominance in the Arctic provoke heated debates sometimes overdramatised by the media. But realpolitik dictates that all states concerned should rely on existing legal and institutional framework enabling peaceful cooperation...
Igor ALEXEEV | 20.02.2013