Russia Explores Geo-Economic Development Opportunities in the Arctic at Major Moscow Conference
Russia’s ambitions in the Arctic took center stage at a recent international scientific conference held in Moscow, where experts and officials discussed strengthening the nation’s strategic position and addressing the growing global demand for Arctic resources.
The event was hosted by the Department of Labour and Social Policy of the Institute of Public Service and Administration at the Russian Presidential Academy of National Economy and Public Administration (RANEPA).
Key Highlights from the Conference
Anna Otke, a member of Russia’s Federation Council, opened the discussion with an analysis titled "Geo-economic Vector of the Chukotka Autonomous Okrug." She noted significant socio-economic progress including:
- 14% growth in gross regional product in 2024.
- Nearly 890 billion rubles (~$11.1 billion USD) in new investments.
- Creation of over 5,000 new jobs in a region of approximately 49,000 people.
Otke credited the success to economic diversification via new infrastructure projects, tourism development, and improved logistics along the Northern Sea Route—an increasingly vital trade passage due to climate change.
Diplomatic strategies were also a focus. Vladislav Maslennikov, Director of the Department of Pan-European Cooperation at the Ministry of Foreign Affairs, highlighted Russia’s diplomatic tools to foster Arctic partner dialogue and promote sustainable cooperation.
Cultural diplomacy and youth engagement featured prominently. Roza Akhmadieva, Rector of the Kazan State Institute of Culture, emphasized BRICS student involvement in preserving traditional arts and promoting Russian culture abroad. The BRICS Youth Council was praised as a key humanitarian link between emerging economies.
Sergey Bondarenko from the Moscow Mayor’s Office discussed growing international urban cooperation, spotlighting the record-breaking 2024 BRICS International Municipal Forum in Moscow that strengthened ties among major cities including Moscow and St. Petersburg.
Conclusion
As global interest in the Arctic rises, Russia’s integrated approach—combining economic, diplomatic, and cultural efforts—underscores the region’s importance for sovereignty, security, innovation, development, and international partnership.
The strategies and insights shared at the conference are poised to shape Russia’s Arctic policy and influence international relations in the region for years ahead.
Read the original article at: https://www.dailynewsegypt.com/2025/05/29/russia-discusses-prospects-for-geo-economic-development-of-arctic/