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Title The legal aspect of investment policy of Russia in the Arctic // Арктика: история и современность: труды ежегодной международной научной конференции, Санкт-Петербург, 18-19 апреля 2018 года
Creators Saveleva A. ; Snetkov V.
Organization Peter the Great St. Petersburg Polytechnic University
Imprint Санкт-Петербург: ПОЛИТЕХ-ПРЕСС, 2019
Collection Общая коллекция
Document type Article, report
File type PDF
Language English
DOI 10.18720/SPBPU/2/id19-128
Rights Свободный доступ из сети Интернет (чтение, печать, копирование)
Record key RU\SPSTU\edoc\61172
Record create date 6/13/2019

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Modern geopolitical realities make Russia especially actively develop the economy of the country, thus creating an opportunity for relatively independent functioning. In such circumstances, the Arctic becomes one of the significant interests for investment by the Russian Federation, as it is a region with rich natural resources. Of course, Russia's Arctic zone is not the only region where valuable natural resources exist, but development in the Arctic is still at its early stage. Nevertheless, any activity in this region (scientific, economic, environmental, etc.) has its own characteristics, which is due to climatic and other aspects, requiring much more funding than similar activities in other regions of Russia. But even with adequate funding, we should not forget the environmental dimension, which is of particular importance in the context of the global environmental crisis. That is why it is necessary to create a system of legal norms to invest in the Arctic zone of Russia, in which the legislator could regulate the efficiency and safety of the economic activities carried out in the Arctic. The article deals with the main features of Russia's investment policy in the Arctic, the analysis of existing legal problems in this area.

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