Eduard Galimullin & Yuri Matveenko
This paper provides an overview of Russia’s Arctic policy with a focus on recent changes in the spatial development and legislative/institutional frameworks. It briefly explains the definition of the Arctic Zone of the Russian Federation (AZRF) and examines its basic consolidation mechanism, as well as socio-economic challenges to its development and some legislative gaps. The paper identifies the roles of various actors and institutions in decision-making processes. In doing so, it also investigates how both Western sanctions and oil prices affected the realization of the Arctic policy’s main objectives. It argues that Russia will continue to promote the benefits of using the NSR and to attract all interested parties in the exploitation of the AZRF’s natural resources, but there is a need to revise some strategies in order to do it effectively, considering new circumstances.