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Putin emphasizes significance of Arctic’s location from Russia’s security perspective

Логотип TASS TASS 15.06.2017 TASS

MOSCOW, June 15. /TASS/. Russia is prepared for cooperation with other countries in development of the Arctic territories, though it should provide own priority, Russia's President Vladimir Putin said during the annual televised question and answer session on Thursday.

"This region attracts active interest also from the so-called non-regional countries," he said. "This is good, we are prepared for cooperating with them, but we should provide our own priority."

The Arctic region is an important region of Russia with huge potential, he went on.  "The Arctic region is very important for securing the future of the country. It is safe to say that Russia will boost power through the Arctic region as around 30% of hydrocarbons will be produced there by 2050," he said.

Arctic is an extremely important region from the defense point of view, he added. 

ITAR-TASS

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