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Priorities of the Current Governmental Development Strategies for Arctic Regions

The paper analyses the strategic documents on the development of natural resources adopted by subarctic countries. This allows us to identify what coincidences and differences in the strategies, goals, priorities and trends can be observed in different countries. The paper considers the opportunity of applying partnership and cooperation to the Arctic development, and what institutions could be regarded as those of the most valuable for transnational regulation in the Arctic. We also present what positive and negative trends can be observed in the Arctic policy carried out by the Russian Federation.

Selin V. S. silin@iep.kolasc.net.ru

Bashmakova E. P. bashmakova@iep.kolasc.net.ru

Keywords: Arctic the Arctic Arctic hydrocarbonic recourses Arctic Council transportation potential Siberia hydrocarbon resources transportation potential foreign investments

Regulating the foreign economic activity in Sakhalin Oblast

The paper analyzes the regional legislative improvements of external economic relations made by the Sakhalin Oblast’s authorities, and shows that this process should be intensified since the potential of the region, being a frontier one, has not been fully realized despite its positive dynamics in foreign trade and foreign investments.

Urubkova I. E.

Keywords: foreign economic activity Sakhalin Oblast region region foreign investments legal system