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Limiting Russia’s access to Arctic resources unacceptable – Medvedev

Published: 17 March, 2010, 15:31
Edited: 18 March, 2010, 04:17

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TAGS: Natural resources, Medvedev, Arctic, Russia, Prime Time Russia


Attempts to prevent Russia from extracting the Arctic's mineral resources are unacceptable, President Medvedev said at a Security Council meeting in Moscow.

Medvedev said climate change could increase rivalry over the Arctic deposits which could hold an estimated 25% of all global oil and gas reserves.

He says some countries are now trying to limit Russia's access.

In 2007, explorers planted a Russian flag on the Arctic seabed in a symbolic territorial claim that the so-called Lomonosov Ridge is an extension of Russia’s territory.

The move was denounced by Canada and Denmark, and the countries bordering the Arctic signed a treaty agreeing to abide by existing borders, which are regulated by the United Nations Convention on the Law of the Sea.

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Sarah March 18, 2010, 02:38
0

Well, they belong to you. You should have them unless you can't protect your territory and thus fall to weak ideology, but you just got a flux of people and will probably continue to get them so your situation should be improving. Don't worry about it. With 6 billion + people on the world and the majority in semi-desperate situations at any given time, nobody is irreplaceable and nobody matters that much. Unskilled jobs such as factory work, shooting and running can be filled by almost anyone and their children can learn anything. I like your higher education establishments. With those resources and thoughts, your country should be good. Live long and prosper while all 5% of the world's population in my sphere devours 40% of the resources and can't even take care of basic needs for most of its people.