The Growing Importance of the Arctic Council | Stratfor

The Growing Importance of the Arctic Council
A research vessel tours the Arctic Circle. (SAUL LOEB/AFP/GettyImages)

Summary

The Arctic is expected to become more important in the coming decades as climate change makes natural resources and transport routes more accessible. Reflecting the growing interest in the region, the Arctic Council granted six new countries (China, India, Italy, Japan, South Korea and Singapore) observer status during a May 15 ministerial meeting in Kiruna, Sweden. By admitting more observers, the Arctic Council — an organization that promotes cooperation among countries with interests in the Arctic — will likely become more important as a forum for discussions on Arctic issues. However, this does not necessarily mean it will be able to establish itself as a central decision-making body regarding Arctic matters.

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