Russia's Plans for Arctic Supremacy
Jan 16, 2015 | 10:30 GMT
Although the crisis in Ukraine continues to focus attention on Russia's western border, Moscow is seeking to exploit a more lucrative prize along its vast northern frontage: the Arctic Circle. Melting ice has opened up new transit routes and revealed previously inaccessible oil and mineral deposits. Facing a year of harsh economic constraints, securing exploitable energy reserves remains a top priority for Moscow. The planned militarization of the Arctic is already underway, and funding is secured through 2015 (the Ministry of Defense was the only Kremlin ministry not to be curtailed in the most recent budget.) With Russia aiming to consolidate its strength by the end of the year, surrounding countries are already reassessing their positions in the face of an overwhelming regional force.