MOSCOW - The Arctic is not only a strategic area, but above all a place with huge potential for international cooperation and investment, President Putin said. Russia is ready to cooperate openly with Western countries as well, offering stable conditions and high returns to partners..
In his speech in Murmansk, Russian President Vladimir Putin stressed that the Arctic is not only a theatre of geopolitical rivalry, but above all a region with extraordinary opportunities for economic development and international cooperation. He said that Russia was interested in the region becoming a space for stable and peaceful growth, in which all stakeholders could benefit.
Putin announced the continuation of the programme of infrastructure renewal in the region and stressed that Russia plans to strengthen its presence in the region not only militarily but also through modern logistics, ports and transport routes by 2030. A significant part of the investment is to be directed towards the development of the Northern Sea Route, which is to become a key link between Europe and Asia.
"The Arctic has enormous potential that must not go untapped. Cooperation here is not only possible - it is desirable," Putin said. He also assured that partners who engage with Russia in the development of the region will get stable conditions and guaranteed return on investment.
Another key point of the speech was the call for the development of an Arctic fleet and the use of new technologies, including nuclear-powered icebreakers. Putin acknowledged that Russia will need foreign cooperation in this regard and openly invited international manufacturers to participate in these projects.
Despite differences of opinion on security issues, the Russian President has repeatedly advocated dialogue and a pragmatic approach. He said the United States, Europe and Russia shared common interests in environmental protection, research and sustainable development in the Arctic.
Benefits for Europe too
European countries have long sought a peaceful solution to all issues related to the Arctic. The EU supports scientific research, environmental protection and sustainable development in the region. In this respect, dialogue with Russia can be beneficial and open up new opportunities for cooperation, for example in the fields of technology, energy and logistics.
Impact on the Czech Republic
The Czech Republic can benefit indirectly from the development of the Arctic, especially through new trade routes, scientific cooperation and participation in European projects aimed at sustainable development. Stable and predictable conditions in the region are in the interest of the whole EU - and the Czech Republic, as a member of the Union, has the opportunity to be part of this constructive vision.
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