Arctic

The Legal Regime of the Arctic and India’s Role and Options

The Arctic Ocean is melting. Essentially, this means that new sea routes will open up for international navigation, and large resources, especially oil and gas, lying underneath the frozen ice will become more accessible and exploitable. Therefore, in the emerging contemporary debates concerning the Arctic, two important questions are raised: what is the legal regime that applies to navigation in new shipping routes that will open up with the melting of Arctic ice and what is the legal regime that governs the exploitation of the vast oil and gas resources?

Overview of Korea’s Arctic Policy Development

In his Murmansk speech in 1987, Gorbachev proposed the Arctic as the shortest sea route linking Europe to the Far East and the Pacific Ocean, triggering a new perspective on the region.1 Since then, the 1991 Arctic Environmental Protection Strategy (AEPS), referred to as the Finnish Initiative, has been created as a multilateral, non-binding agreement among Arctic states to protect the environment by monitoring, assessment, emergency preparedness/response, and conservation of the Arctic zone.

The Promise of Involvement: Asia in the Arctic

In late 2012, the first liquefied natural gas tanker to sail through the Northern Sea Route reached its destination in Japan, carrying gas from a Euro–Arctic offshore field. Only months earlier, a Korean-owned naval architecture and engineering company had won the contract for designing the long-awaited new icebreaker for Canada's coast guard, 1 and China had completed its fifth Arctic marine survey from its own ice-capable research vessel.

The Arctic: Potential for Conflict amidst Cooperation

Changes in the Arctic topography due to climate change have resulted in the region, which erstwhile was remote with little accessibility, to being accessible with potential natural resources and attractive navigable sea areas. The prospects have also influenced the strategic contours of the Arctic and brought in many actors that view the region as a resource-rich area with viable commercial interests.

Sailing through the Northern Sea Route: Opportunities and Challenges

Because of global warming, the thinning ice in the Arctic is opening up the region for navigation for a few months in the summer season. The Arctic littoral countries (Canada, Norway, Denmark [Greenland], Russia and the United States), shipping companies and several other stakeholders (the EU and Asian countries such as China, Japan, Singapore and South Korea) are closely tracking shipping related developments in the Arctic and developing strategies to exploit the Northern Sea Route (NSR).

Indigenous Rights, Sovereignty and Resource Governance in the Arctic

While oil and gas industries are already well established in Siberia and Alaska, the melting of the Arctic ice cap is opening up new areas of the High North to hydrocarbon exploration. According to the US Geological Survey (USGS), the Arctic is expected to hold about 22 per cent of the world's undiscovered, technically recoverable conventional oil and natural gas resources (about 13 per cent of undiscovered oil reserves, 30 per cent of natural gas, and 20 per cent of natural gas liquids).

The Barents Cooperation: Region-Building and New Security Challenges

The Barents Euro–Arctic Region (BEAR), which in terms of land territory is one of the biggest international region-building projects in Europe, was established in 1993 to meet the new security challenges following the breakup of the Soviet Union and the opening up of the borders between East and West. Stretching over major parts of Northwest Russia and three Nordic countries, the region bridges areas, which for decades were heavily influenced by high Cold War tensions and deep social, economic and political cleavages.