The Korea-Russia trade activation with the Arctic sea route cooperation
The potential for development in the Arctic Circle is wide and it is fully predictable that the development of resources in the region will accelerate further exploration of the Arctic sea route. Russia is showing high interest in developing resources that are not in the economic sanction list. More...
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ftdoajarticles:oai:doaj.org/article:d57f1dfe5d504043829b99686bacbef6 2023-10-29T02:33:29+01:00 The Korea-Russia trade activation with the Arctic sea route cooperation B. Kim K. Baizakova M. Shin 2020-06-01T00:00:00Z https://doaj.org/article/d57f1dfe5d504043829b99686bacbef6 DE EN FR KK RU ger eng fre kaz rus Al-Farabi Kazakh National University http://ir-law/index.php/1-mo/article/view/1084 https://doaj.org/toc/1563-0285 https://doaj.org/toc/2618-1215 1563-0285 2618-1215 https://doaj.org/article/d57f1dfe5d504043829b99686bacbef6 Halyk̦aralyk̦ k̦atynastar ža̋ne halyk̦aralyk̦ k̦u̇k̦yk̦ seriâsì, Vol 90, Iss 2 (2020) International relations JZ2-6530 Comparative law. International uniform law K520-5582 article 2020 ftdoajarticles 2023-10-01T00:35:33Z The potential for development in the Arctic Circle is wide and it is fully predictable that the development of resources in the region will accelerate further exploration of the Arctic sea route. Russia is showing high interest in developing resources that are not in the economic sanction list. Moreover, the exploration and utilization of the so-called Arctic sea route across the regional ocean is recently receiving massive attention along with the climate change. Korea and Russia have expanded the economic cooperation and now the two countries are looking for a new model of the work. They can share the goals through the further development of Russian Arctic Circle with the rapid exploitation of resources due to climate change and technological development. Korean companies have begun to bring the real economic benefits, having positive effects on related industries such as the construction of transport and special ships. There are many ways for realizing the goal, but we can specifically propose a Korea-Russia FTA. In the process of pursuing it, the government should also consider various tasks, such as harmonizing with the FTAs Korea has been signing, and dealing with the domestic law in accordance with the new FTA, based on the previous experiences. From Russia’s point of view, special circumstances such as the EAEU should be taken in consideration. The process of signing the FTA, which will serve as the international legal basis for cooperation between the partners, should be clearly marked for the purpose of ‘Sustainable Arctic Development’. Furthermore, these propositions should be able to be digested in the process of utilizing FTAs and readjusting domestic and international regulations, as well as the joint respond to the emergence of new industries, markets, and even unforeseen issues. In Korea’s perspective, it should consider the possibility that the FTA could be used in non-economic areas such as on the Korean Peninsula issue. Key words: Korea, Russia, Arctic Circle, Arctic Sea Route, Free Trade ... Article in Journal/Newspaper Arctic Climate change Directory of Open Access Journals: DOAJ Articles |
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Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
German English French Kazakh Russian |
topic |
International relations JZ2-6530 Comparative law. International uniform law K520-5582 |
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International relations JZ2-6530 Comparative law. International uniform law K520-5582 B. Kim K. Baizakova M. Shin The Korea-Russia trade activation with the Arctic sea route cooperation |
topic_facet |
International relations JZ2-6530 Comparative law. International uniform law K520-5582 |
description |
The potential for development in the Arctic Circle is wide and it is fully predictable that the development of resources in the region will accelerate further exploration of the Arctic sea route. Russia is showing high interest in developing resources that are not in the economic sanction list. Moreover, the exploration and utilization of the so-called Arctic sea route across the regional ocean is recently receiving massive attention along with the climate change. Korea and Russia have expanded the economic cooperation and now the two countries are looking for a new model of the work. They can share the goals through the further development of Russian Arctic Circle with the rapid exploitation of resources due to climate change and technological development. Korean companies have begun to bring the real economic benefits, having positive effects on related industries such as the construction of transport and special ships. There are many ways for realizing the goal, but we can specifically propose a Korea-Russia FTA. In the process of pursuing it, the government should also consider various tasks, such as harmonizing with the FTAs Korea has been signing, and dealing with the domestic law in accordance with the new FTA, based on the previous experiences. From Russia’s point of view, special circumstances such as the EAEU should be taken in consideration. The process of signing the FTA, which will serve as the international legal basis for cooperation between the partners, should be clearly marked for the purpose of ‘Sustainable Arctic Development’. Furthermore, these propositions should be able to be digested in the process of utilizing FTAs and readjusting domestic and international regulations, as well as the joint respond to the emergence of new industries, markets, and even unforeseen issues. In Korea’s perspective, it should consider the possibility that the FTA could be used in non-economic areas such as on the Korean Peninsula issue. Key words: Korea, Russia, Arctic Circle, Arctic Sea Route, Free Trade ... |
format |
Article in Journal/Newspaper |
author |
B. Kim K. Baizakova M. Shin |
author_facet |
B. Kim K. Baizakova M. Shin |
author_sort |
B. Kim |
title |
The Korea-Russia trade activation with the Arctic sea route cooperation |
title_short |
The Korea-Russia trade activation with the Arctic sea route cooperation |
title_full |
The Korea-Russia trade activation with the Arctic sea route cooperation |
title_fullStr |
The Korea-Russia trade activation with the Arctic sea route cooperation |
title_full_unstemmed |
The Korea-Russia trade activation with the Arctic sea route cooperation |
title_sort |
korea-russia trade activation with the arctic sea route cooperation |
publisher |
Al-Farabi Kazakh National University |
publishDate |
2020 |
url |
https://doaj.org/article/d57f1dfe5d504043829b99686bacbef6 |
genre |
Arctic Climate change |
genre_facet |
Arctic Climate change |
op_source |
Halyk̦aralyk̦ k̦atynastar ža̋ne halyk̦aralyk̦ k̦u̇k̦yk̦ seriâsì, Vol 90, Iss 2 (2020) |
op_relation |
http://ir-law/index.php/1-mo/article/view/1084 https://doaj.org/toc/1563-0285 https://doaj.org/toc/2618-1215 1563-0285 2618-1215 https://doaj.org/article/d57f1dfe5d504043829b99686bacbef6 |
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1781055537548361728 |