Investing in the Arctic: Legal Aspects

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Abstract

The article considers the legal regulation of investment activities in the Arctic. The main economic directions for investment programs from the state and private business are highlighted. A number of regulatory legal acts related to investment on the economic activities of the country were investigated. Attention is paid to investment per person, that is, on an educated young specialist in the Arctic. It was noted that in the Arctic zone, states in tandem with big business to develop the country's economy and solve social problems should invest in the direction of entrepreneurship—small business. It should be done that it is necessary to adopt a comprehensive regulatory act to regulate economic relations in the Russian Arctic.

About the authors

Petr P. Battakhov

Institute of State and Law of the Russian Academy of Sciences (IGP RAS)

Author for correspondence.
Email: battakhov@mail.ru
ORCID iD: 0000-0003-2251-4312
SPIN-code: 1546-6770

Cand. Sci. (Law), senior researcher

Russian Federation, Moscow

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