Arctic

It’s ironic that faster-than-expected climate change has created a new economic opportunity in the Arctic just as environmentalists start talking up a “blue economy” based on the sustainable use of ocean resources. Thanks to global warming and the melting of the ice caps, a new ocean is steadily emerging and with it the prospects of new shipping lanes and access to hitherto untapped natural resources. But the geopolitical risks involved in exploiting these opportunities – to say nothing of the environmental consequences – may well outweigh the commercial benefits. They increase the risk that the Arctic could become a new arena of conflict in the deteriorating relationship between the United

While rapidly melting ice in the Arctic presents a threat to polar bears and human beings alike, both the United States and China see a once-in-a-lifetime economic opportunity. But in a rebuke of Beijing’s polar ambitions, US Secretary of State Mike Pompeo has hit out at China’s claim to be a “near-Arctic state.” “There are only Arctic States and Non-Arctic States. No third category exists, and claiming otherwise entitles China to exactly nothing,” Pompeo said, noting that China is at least 900 miles away from the Arctic. Pompeo’s remarks, delivered on the eve of a meeting between eight member countries of the Arctic Council, represented the US’ sharpest warning yet against Beijing’s activit

While the warming relations between Russia and China remain marred by mutual suspicion, the countries have found much common ground in the frigid waters of the Arctic Ocean. The countries have said they want to work together in developing the Northern Sea Route, Russia’s traditional Arctic shipping route, after China launched what it called the “Polar Silk Road” last year. While Chinese investment along border regions have fed popular resentment in Russia, the countries have much to gain from collaborating on shaping the Northern Sea Route into a viable alternative shipping route, analysts said. “Russia looks to link the Asia-Pacific region with Europe through this Northern Sea Route as it's