... perspective, investment appears to be logical and rational. However, this also creates a geopolitical risk due to US sanctions on the Arctic LNG 2 project and other mining related sanctions. Furthermore, there may also be other legitimate unresolved Indian concerns. For instance, due to problems with the ... ... subsidiary of Gazprom, which refused to honor its contract, they were unable to repatriate dividend income from investments in Russia. Media reports indicate that this was about USD 600 million. The latter issue is important as oil could have been expeditiously ...
... the section “South Asia in Regional and Global Politics: Hard and Soft Security Issues.”
On April 27, RIAC held three sections: “Impact of Evolving European Security Threats on Union State,” “Analyzing Situation in the Arctic and Policies of Arctic States” and “EU Sanctions Policy Toward Russia Before and After February 2022: A Comparative Outlook.”
During the session on the evolution of the Union State of Russia and Belarus, experts from both sides reviewed the challenges Moscow and Minsk face amid the European security crisis. The ...
... the required level of confidence (Mid.ru 2020). The sides could probably start with expert consultations.
The sanctions regime is another issue dividing Canada and Russia. Russia’s policy toward Ukraine in 2014 was followed by the regime of mutual sanctions between Canada and Russia, which also affected the Arctic in some regards. However, in terms of scope, content, and duration, the restrictions imposed by Canada have been more moderate than those imposed by the US (Nemova and Issraelyan 2017, 367-371). In December, 2014, Canada announced export restrictions ...
Sitting down with Russia is question of pragmatism, not appeasement for Canada
The annexation of Crimea ... ...
Natalia Viakhireva:
The Russian and Canadian Approach to Extra-Regional Actors in the Arctic
With a new liberal mandate this past October, Canada is in the position to make... ... North. This does not mean that Canada needs to cease its support of Ukraine, roll back sanctions, or stop denouncing Russian aggression. It means that Canada – alongside...
Threats and Challenges for Russia’s Arctic Activity under Sanctions
Since the end of the past century, the definition of the Arctic as the territory of the dialogue and cooperation has firmly consolidated. The logic of the region itself with its severe and hardly predictable weather conditions encourages ...
The West’s response to Russia’s actions in Ukraine has been to sanction and attempt to isolate Russia. The NATO-Russia Council, despite being a ... ...
Russia and Europe: New Rules of the Game
To the north, Russia recently
submitted a claim
to over 463,000 square miles of the Arctic, and its Arctic zone is expected to contain the majority of the region’s gas and a large share of its oil. With the ...
... to develop offshore oil resources in the Arctic – Rosneft and Gazprom (including Gazprom Neft). In addition, restrictions were placed on the ability of Russian oil companies and banks to attract financing from abroad.
Natural Resources of the Arctic (In Russian)
These sanctions have already led to a number of foreign oil companies, including Exxon Moblie, suspending their participation in Russian Arctic shelf projects.
The level of dependence on “Western” equipment and services to carry out projects on ...
... numerous problems that faced the Arctic Council as a result of changes in the global geopolitical situation. In 2014–2015 the Arctic became part of the Ukraine conflict.
In September 2014, the United States and the European Union imposed economic sanctions against Russia that banned ExxonMobil, Shell, BP and other European and U.S. companies from taking part in joint Arctic projects with Rosneft. This affected Russia’s opportunities to develop offshore resources. With the introduction of sanctions, Russia lost its main stimulus for cooperation. Today, national security interests are becoming the main concern ...
... states comprising Denmark, Canada, Norway, Russia and the United States. The 2011 Agreement on Cooperation in Aeronautical and Maritime Search and Rescue also appears to provide a healthy basis for joint activities for Russia, Canada, and the other Arctic states.
Canada is one of the most actively anti-Russian countries and was the first to impose sanctions against Russian and Ukrainian politicians. Ottawa has also suspended its participation in the Russian-Canadian Intergovernmental Economic Commission and shirked the session of the Arctic Council in Moscow.
Some business projects are delivering ...
