The geopolitical struggle currently ongoing is seemingly reaching every corner of Planet Earth, and – as of now – it has reached the North Pole, where commerce, energy and security pits the US, Russia and other nations in an icy dispute.
Today, Russian President Vladimir Putin launched the Arctic Investment Forum in the port city of Murmansk, the world’s largest city inside of the Arctic Circle, located in the far northwest part of the country.
Even as rivalries intensify in the northern regions, Putin stated that ‘cooperation in the region is possible, including between Moscow and Western states’.
Arctic Investment Forum kicks off today in Murmansk, Russia – the gateway to Earth’s crown jewel!
Russia controls 50%+ of Arctic resources, crucial for global prosperity & energy security.
Time for Arctic Diplomacy: sustainability, investment & science!
#Russia #Arctic— Kirill A. Dmitriev (@kadmitriev) March 27, 2025
Reuters reported:
“Alluding to U.S. President Donald Trump’s stated intention to acquire Greenland, Putin said this had nothing to do with Russia but that it was clear that the U.S. would continue to promote its interests in the Arctic.”
The American designs over Greenland are very serious and have deep historical roots, Putin said.
Watch: ‘It would be a great mistake to believe that Trump’s plans to annex Greenland are just extravagant conversations’ — Putin
It would be a great mistake to believe that Trump’s plans to annex Greenland are just extravagant conversations — Putin
USA had such plans back in 1860s, but they were not supported by Congress at the time. pic.twitter.com/f1qXgqSIJF
— Lord Bebo (@MyLordBebo) March 27, 2025
“Russia was concerned that ‘NATO countries in general are increasingly designating the Far North as a springboard for possible conflicts’, he said, and Russia was monitoring the situation and preparing an appropriate response. ‘It is obvious that the role and importance of the Arctic both for Russia and for the whole world is growing. But unfortunately, geopolitical competition, the struggle for positions in this region, is also intensifying’, he said.”
Putin wants to increase commerce on the Northern Sea Route (NSR) across Arctic waters.
The Russian President added that ‘Russia had never threatened anyone in the Arctic, but was prepared to defend its interests’.
He also opined that foreign partners in Arctic cooperation with Russia are guaranteed to be making a good investment.
Watch: Russia is the largest Arctic power; we advocate for equal cooperation in the region.
Russia is the largest Arctic power; we advocate for equal cooperation in the region — Putin at International Arctic Forum pic.twitter.com/4WMTd46E07
— Lord Bebo (@MyLordBebo) March 27, 2025
RDIF launches Arctic Investment Fund to tap a $1T+ opportunity.
The Arctic holds:
13% of untapped oil & 30% of gas
260 Mtpa shipping via Northern Sea Route by 2035
A 30–40% faster Europe–Asia trade path vs. Suez
The next frontier is here.#ArcticInvestment #EnergyFuture pic.twitter.com/FIvUZL1KD6— Kirill A. Dmitriev (@kadmitriev) March 27, 2025
“Putin called for an expansion of Russia’s northern ports and the building of a merchant fleet in the Arctic, supported by new-generation icebreakers including nuclear-powered ones.
But he said Russia’s domestic capabilities were insufficient for this at the moment, and that it would also require buying vessels and interacting with foreign shipbuilders.”
Watch: NATO increasingly identifies Far North as foothold for possible conflicts.
NATO increasingly identifies Far North as foothold for possible Conflicts — Putin pic.twitter.com/BP0FqgYlQ0
— Lord Bebo (@MyLordBebo) March 27, 2025
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