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Prospects of Russian-Chinese Cooperation in the Arctic and Subarctic Territories of Russia’s North-East

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DOI: 10.23977/icpem.2019.042

Author(s)

Galtseva N.V.

Corresponding Author

Galtseva N.V.

ABSTRACT

Russia’s Arctic is of international interest. However, specific trends in international cooperation are determined by regional contexts: specialization, investment potential, investment climate. The paper characterizes the investment potential of the Magadan Oblast and Chukotka Autonomous Okrug as well as government preferences for these regions. Russia’s North-East can be the territory of international Russian-Chinese cooperation in Arctic, in exploring mineral resources, building infrastructural objects, facilitating the Northern Sea Route. For attracting investors, the government grants advancements on tax and customs fees in different options for the Northeast, which increases their investing attractiveness. To determine the barriers and conditions of the Russian-Chinese cooperation, the author suggests to combine efforts of scientists within the Russian-Chinese research grant.

KEYWORDS

Arctic zone, Russia’s north-east, Russian-Chinese cooperation, mineral resources, northern sea route

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