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Russia to implement major projects in Arctic exploration — newspaper

The state will create optimal business conditions for the projects by way of the subsoil use and tax system regulation

© ITAR-TASS/Press Service of Geological Institute, Russian Academy of Sciences

MOSCOW, December 4. /TASS/. The stake in Russia’s Arctic exploration is placed on implementing big investment projects, first of all by the major state companies, Russian Minister of Natural Resources and Ecology Sergey Donskoy said in an interview with the Izvestia daily published on Thursday.

He said the state will create optimal business conditions for the projects by way of the subsoil use and tax system regulation.

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Russia’s Defense Ministry establishes Arctic Strategic Command

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