MOSCOW, October 12. /TASS/. The participants in the conference titled "International Cooperation in the Arctic Region: New Challenges and Vectors of Development" opening in Moscow on Wednesday will discuss the development of the Arctic Council, legal regulation in the region and regional cooperation in economy.
The event is organized by the Russian International Affairs Council (RIAC) with the support of the Russian Foreign Ministry and will last until October 13.
"The purpose of the conference is to define the contours of the institutional development of the Arctic Council, the prospects for legal regulation of the activities in the Arctic region, the potential of economic projects in the region and cooperation with non-regional players," the organizers said.
The Russian International Affairs Council also said that the event is timed to the 20th anniversary of the Arctic Council and continues a detailed study of the international aspects of cooperation in the Arctic region the council began in 2011.
"The participants in the meeting are the heads of the relevant ministries and agencies, diplomats, representatives of big business and the leading experts of the Arctic Council member-countries," the organizers of the conference said.