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MOSCOW, November 29 (Itar-Tass) — Russia is interested in Iceland’s research into geothermal energy, Russian Foreign Minister Sergei Lavrov said after the meeting with his Icelandic counterpart Ossur Skarphedinsson on Tuesday.
“We are interested in Iceland’s research in the sphere of geothermal energy,” the minister said. According to Lavrov, “It will decrease the energy intensity of our gross domestic product, which completely matches Russia’s needs.”
“Arctic is also a natural area of our cooperation, and both Russia and Iceland are interested in the intensification of work of the Arctic Council,” Lavrov said. “Today we have exchanged plans concerning real projects, which may be fulfilled within the framework of both the Arctic Council and the Barents Euro-Arctic Council,” the Russian foreign minister said.
“This guideline was confirmed in the Declaration on Arctic Cooperation, which was signed today,” he said.