Ice Silk Road: Assessment of the Current State and Development Prospects

DOI

10.2991/aebmr.k.200324.174How to use a DOI?

Keywords

Ice Silk Road, Northern Sea Route, China, Russia, economic interests, cooperation

Abstract

The Ice Silk Road, one of the routes of the New Silk Road project, is being actively developed by Russia and China. The most important part of the Ice Silk Road is the Northern Sea Route. The article considers the interests of Russia and China and shows that in creating the Ice Silk Road, the interests of Russia and China coincide as much as possible. In order to find out whether the route along the Ice Silk Road is advantageous, a comparative analysis with the traditional sea route through the Suez Canal was carried out. It has been concluded that for a number of positions the Ice Silk Road is a more profitable route. The transformation of the Ice Silk Road into a route open on a global scale depends on a number of reasons. The article emphasizes that the creation of the Ice Silk Road is not an attempt to replace the traditional route, but an opportunity for economic cooperation between the countries of the Pacific coast, and especially in the development of Arctic oil and gas resources. The interests of other countries to this project are considered as well. The joint projects on the route of the Ice Silk Road and the prospects for the development of this route are analyzed.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lyubov Vasilievna Larchenko
PY  - 2020
DA  - 2020/03/30
TI  - Ice Silk Road: Assessment of the Current State and Development Prospects
BT  - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)
PB  - Atlantis Press
SP  - 950
EP  - 954
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200324.174
DO  - 10.2991/aebmr.k.200324.174
ID  - Larchenko2020
ER  -