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Legislation

Eight countries have their own borders, continental shelves, and exclusive economic zones in the Arctic: Russia, Canada, the United States, Norway, Denmark, Finland, Sweden, and Iceland. The interest of States in these territories is due to the fact that their subsoil contains 83 billion tons of conventional fuel, of which about 80% is accounted for by the Barents and Kara seas, and the probability of developing new deposits is extremely high. Today, there are constant disputes over the Arctic territories.

The new draft law on reindeer herding has been approved by the Administration of the Nenets Autonomous District and sent to the regional parliament for consideration.

Five countries argue concerning territories in Arctic regions. They hope to get access to the minerals which are deeply under ice.

The chairman of the council of Federation of Valentine Matvienko urges to develop the separate bill of development of the Arctic zone of Russia. The speaker has made a trip to Yakutsk where has held session of Advisory council of the upper chamber across Arctic regions and Antarctic.

In the XX-th century beginning formation of a particular treatment of Arctic ocean (further - the ARCTIC OCEAN) on a basis, first of all, the right-primenitelnoj of practice of the Arctic states, the national legislation, the mutual bilateral and multilateral arrangements reflecting conditions was marked activity in the ARCTIC OCEAN.