USA

The need for international legal regulation of the continental shelf regime is a natural consequence of the achievements of science and scientific and technological progress. Advances in technology have allowed us to begin effective exploitation of the subsurface resources and riches of the continental shelf. However, today the issue of the rights of Arctic States in the Arctic region, the borders and delimitation of the continental shelf is still acute.

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.

Six years have passed since the Russian researchers have set up their national flag near the North Pole. Since that fateful day in discussions about the Arctic is dominated by themes of possible conflict over energy resources, new transport links, the environment and biological resources. News about the accomplishments of the region come every year.