February 27, 2025
US and Russia view the Arctic as a place for economic cooperation - Bloomberg thumbnail
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US and Russia view the Arctic as a place for economic cooperation – Bloomberg

The US and Russia are discussing the possibility of economic cooperation in the Arctic, in particular regarding the intelligence of natural resources and the use of new trade routes. Source: Bloomberg with reference to sources that have not been called their names because the discussion is closed and early in detail: according to the publication, American and Russian officials view the Arctic as a promising region for economic interaction.”, – WRITE: www.pravda.com.ua

Illustrative Photo: Getty Images

The US and Russia are discussing the possibility of economic cooperation in the Arctic, in particular regarding the intelligence of natural resources and the use of new trade routes.

Source: Bloomberg with reference to sources that were asked not to name their names because the discussion is closed and early

Details: According to the publication, American and Russian officials view the Arctic as a promising region for economic interaction.

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Literally: “Both sides have made it clear that they were open to cooperation, which is a concern for European allies and NATO allies seeking to isolate Moscow since its full -scale invasion of Ukraine three years ago.”

Details: The Arctic is increasingly attracting a number of countries, as ice melting as a result of climate change opens up new navigable routes and access to potential mineral deposits, Bloomberg notes.

The head of the Russian direct investment fund Kirill Dmitriev after the negotiations on February 18 between representatives of the Russian Federation and the US in Saudi Arabia stated that cooperation on energy projects in the Arctic is one of the “specific areas of cooperation” they discussed.

One of the interlocutors of the publication noted that the United States see the opportunity to weaken relations between Russia and China, but expressed doubts about the success of this strategy, given how much these countries have become closer in recent years, especially with their “comprehensive” partnership after the war in Ukraine.

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