CHALLENGES AND DIRECTIONS FOR SUSTAINABLE DEVELOPMENT OF THE ARCTIC ZONE OF THE RUSSIAN FEDERATION

This study is aimed at identifying various variables involved in the formation of sustainable development of the Arctic zone of the Russian Federation. The purpose of the study is to show how economic, political, social, investment and environmental variables change the nature of the development of the Arctic zone, what areas of activity contribute to development and ensure the economic security of the region. The object of study is the Arctic zone of the Russian Federation, the subject is organizational and economic relations arising in the process of development of the Arctic zone. Research methods: statistical, cause-and-effect analysis, systems approach. The article provides a rationale for the constraining factors in the development of the Arctic zone, identifies challenges in the economic and political climate of Arctic cooperation, formulates the principles of interaction between stakeholders, substantiates the development of dual-use Arctic infrastructure, and shows the role of support settlements in attracting investments in the implementation of key projects to ensure sustainable development. It has been proven that the stop of international cooperation with traditional Western partners has led to a rethinking of cooperation programs and projects in both the economic and military fields, and a decision has been made to choose a new vector of interaction in trade and investment activities with friendly countries. The scientific novelty of the study lies in the addition and author’s presentation of the principles and systematization of areas of activity that ensure the sustainable development of the Arctic zone.

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