Arctic Economic Council Expects to Extend Icebreaker Cooperation With Asia

Arctic Economic Council Expects to Extend Icebreaker Cooperation With Asia
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Photo: Aker Arctic
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AFP 2017/ GREG WOOD1 / 2Business21:40 07.09.2017(updated 21:42 07.09.2017) Get short URL
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The member states of the Arctic Economic Council – namely Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States – are expected to extend cooperation with Asian states on the use of icebreakers.

VLADIVOSTOK (Sputnik) — The Arctic Economic Council (AEC) expects to boost international collaboration in the use of icebreakers with countries outside the council, primarily from Asia, AEC Chair Tero Vauraste told Sputnik on Thursday.

“We need international collaboration, we need more potential for icebreaker collaboration, this is something we may discuss in a more detailed manner. On the Far East markets I am expecting it is going to be China, Japan, maybe to some extent Korea,” Vauraste said on the sidelines of the Eastern Economic Forum (EEF).

The AEC head noted he had talked with representatives of Russia’s Far East Investment and Export Agency and hoped for future collaboration in the common use of icebreakers, as a lot of resources are available on the Baltic Sea during the summer period that can be used in the Arctic areas.

Vauraste also outlined three possible areas of cooperation with Russia in the Arctic. “First of all the telecommunication cable project which is already taken speed. Secondly, the building of infrastructure in the Arctic. There is a huge lack of infrastructure in the Arctic areas. Thirdly, it is icebreakers collaboration,” he said.

The Arctic Economic Council (AEC) is an independent organization that facilitates Arctic business-to-business activities and responsible economic development. Its member states are Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States.

Tero Vauraste is also the President and CEO of Arctia Ltd, a Finnish company that provides icebreaking, ice management, oil recovery and specialized multipurpose vessel services.

The Russian Far East hosted the EEF, established in 2015 as a platform for cooperation between business and political representatives from Russia and the Asia-Pacific region, on Wednesday and Thursday. Rossiya Segodnya International Information Agency is a general media partner of the forum. Over 6,000 people from more than 60 countries participated in the EEF.

Sourse: sputniknews.com