Foreign Economic Partners of Russia in the Arctic Zone

The study expresses the readiness of foreign investors to participate in Russia's Arctic innovation projects in difficult international economic and political conditions. Key high-tech projects of the Arctic zone of the Russian Federation (AZRF) with the participation of international economic...

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Main Author: Sergey S. Vopilovskiy
Format: Article
Language:English
Published: Northern Arctic Federal University 2022-03-01
Series:Арктика и Север
Subjects:
Online Access:http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=367928
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author Sergey S. Vopilovskiy
author_facet Sergey S. Vopilovskiy
author_sort Sergey S. Vopilovskiy
collection DOAJ
description The study expresses the readiness of foreign investors to participate in Russia's Arctic innovation projects in difficult international economic and political conditions. Key high-tech projects of the Arctic zone of the Russian Federation (AZRF) with the participation of international economic partners are presented. The tendency of economic interaction in the field of high technologies is expressed, which has not been subjected to political pressure from outside. The key investor companies of the Asia-Pacific region (APR) and the European Union (EU), with which agreements on participation in projects have been signed, are presented. The intentions of the world powers for economic partnership in the Arctic projects of Russia are discussed, the most promising areas and areas of activity are outlined. It is determined that the domi-nant economic attention is shown by Asian countries. The leader is the People's Republic of China (PRC), interaction with which contributes to the acceleration of investment growth in these projects and has a wide range of industry areas. The implementation of AZRF projects with the participation of foreign part-ners has a positive multiplier effect on the development of the Northern Sea Route (NSR), the main eco-nomic highway of the Russian Arctic. The high value of Russian and international scientific research in the Arctic is determined, as well as the critical importance of the achievements of scientific and technological progress (STP), and as a result, a high-tech economy; the increased interest of the world powers in the work of the Arctic Council is indicated; the general attention to the thin ecological system of the Arctic is presented. The aim of the study is to assess the current economic agreements with the participation of international partners and to attract foreign investment in promising long-term Arctic projects in Russia.
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spelling doaj.art-4dbb65aad94e42938350c786efb836de2022-12-22T00:28:41ZengNorthern Arctic Federal UniversityАрктика и Север2221-26982022-03-014646294310.37482/issn2221-2698.2022.46.33Foreign Economic Partners of Russia in the Arctic Zone Sergey S. Vopilovskiy0https://orcid.org/0000-0002-2873-1425Luzin Institute for Economic Studies, Federal Research Centre "Kola Science Centre of the Russian Acade-my of Sciences"The study expresses the readiness of foreign investors to participate in Russia's Arctic innovation projects in difficult international economic and political conditions. Key high-tech projects of the Arctic zone of the Russian Federation (AZRF) with the participation of international economic partners are presented. The tendency of economic interaction in the field of high technologies is expressed, which has not been subjected to political pressure from outside. The key investor companies of the Asia-Pacific region (APR) and the European Union (EU), with which agreements on participation in projects have been signed, are presented. The intentions of the world powers for economic partnership in the Arctic projects of Russia are discussed, the most promising areas and areas of activity are outlined. It is determined that the domi-nant economic attention is shown by Asian countries. The leader is the People's Republic of China (PRC), interaction with which contributes to the acceleration of investment growth in these projects and has a wide range of industry areas. The implementation of AZRF projects with the participation of foreign part-ners has a positive multiplier effect on the development of the Northern Sea Route (NSR), the main eco-nomic highway of the Russian Arctic. The high value of Russian and international scientific research in the Arctic is determined, as well as the critical importance of the achievements of scientific and technological progress (STP), and as a result, a high-tech economy; the increased interest of the world powers in the work of the Arctic Council is indicated; the general attention to the thin ecological system of the Arctic is presented. The aim of the study is to assess the current economic agreements with the participation of international partners and to attract foreign investment in promising long-term Arctic projects in Russia.http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=367928economyinvestmentarctic zone of russiainternational partnerinfrastructure projectnorthern sea routelogistics
spellingShingle Sergey S. Vopilovskiy
Foreign Economic Partners of Russia in the Arctic Zone
Арктика и Север
economy
investment
arctic zone of russia
international partner
infrastructure project
northern sea route
logistics
title Foreign Economic Partners of Russia in the Arctic Zone
title_full Foreign Economic Partners of Russia in the Arctic Zone
title_fullStr Foreign Economic Partners of Russia in the Arctic Zone
title_full_unstemmed Foreign Economic Partners of Russia in the Arctic Zone
title_short Foreign Economic Partners of Russia in the Arctic Zone
title_sort foreign economic partners of russia in the arctic zone
topic economy
investment
arctic zone of russia
international partner
infrastructure project
northern sea route
logistics
url http://www.arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=367928
work_keys_str_mv AT sergeysvopilovskiy foreigneconomicpartnersofrussiainthearcticzone