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Article

Mineral Resources of the Russia's Arctic - Not Only Hydrocarbons

Business activity in the Russia's Arctic will not grow only due to domestic investment. Government assistance will be aimed to obtain the highest effects for the domestic economy by regulating subsoil use. Having experienced a boost in the technological development in mineral sectors in Norway and Canada demonstrate how necessary it is to have a consistent policy for science and technology; to strengthen the role of the government as a customer who encourages new technological solutions and innovative products; to stick to pragmatic involvement of local industrial, service and innovation companies.