Arctic Square of Opportunities

• Main Author: Oreshenkov, Aleksandr
• Format: Article in Journal/Newspaper
• Language: English; Russian
• Published: 2010
• Subjects: Law and Policy; Arctic; Arctic Ocean; Barents Sea; Norway
• Online Access: http://library.arcticportal.org/707/; http://library.arcticportal.org/707/1/Microsoft_Word_-_Arctic_Square_of_Opportunities.doc.pdf; http://library.arcticportal.org/707/2/Arctic_Square_of_Opportunities_Russian.pdf; http://eng.globalaffairs.ru/number/Arctic-Square-of-Opportunities-15085

The treaty concerning maritime delimitation in the Barents Sea and the Arctic Ocean, which Russia and Norway signed in September 2010, is regarded by the officialdom as a great diplomatic success. However, the document disregards a whole range of vital legal aspects, which may be detrimental to the operation of Russian state companies in the region, including possible weighty losses due to discrepancies in tax treatment.en