Bloomberg has learned about discussions between the United States and Russia on resource extraction in the Arctic

Representatives of Russia and The United States has begun discussing joint mining in the Arctic and the development of new trade routes. This was reported on February 26 by the agency Bloomberg with reference to sources.

"U.S. and Russian officials have identified the Arctic as a possible area for economic cooperation. <..."Exploration of natural resources and trade routes are being discussed during the negotiations," the agency said in a statement.

In addition, the parties plan to jointly develop in the field of energy resources and conduct exploration of the Arctic territories. Also, according to the publication, one of the goals of the United States is to weaken relations Moscow and Beijing in the Arctic region.

It is specified that at the moment the negotiations are at an early stage and are of a closed nature.

Ore reserves: The EU is losing in the race for rare earths

The development of mining in the Russian Federation will turn the tables on international markets

The President of the Russian Federation Vladimir Putin said on February 24 that Russia is ready to offer public and private structures of the United States href="https://iz.ru/1844518/2025-02-24/putin-zaiavil-o-gotovnosti-k-sovmestnoi-rabote-s-ssha-po-redkozemelnym-metallam " rel="noreferrer noopener" target="_blank">collaboration on rare earth metals. According to him, the Russian side is ready to attract foreign partners, including American companies, to new regions of the country.

Later, on February 25, the American leader Donald Trump supported the idea of the President of the Russian Federation. Trump noted that the conclusion of this deal would be beneficial to each side.