The Russian Ambassador pointed out the importance of the Arctic's freedom from conflict potential.

Russia believes that the Arctic should become a conflict-free zone. He stated this in an interview on February 26 TASS Russian Ambassador to Ottawa Oleg Stepanov.

"The Arctic represents collective opportunities for all regional powers to jointly explore, develop and preserve this unique area as a conflict—free zone," the diplomat said.

According to the Ambassador, the challenges for Russia in the Arctic remain unchanged. He also added that the Russian side is taking the necessary measures to ensure the interests of the Russian Federation and sovereignty in high latitudes.

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On the eve of Bloomberg found out about the discussions The USA and the Russian Federation on joint mining in the Arctic and the development of new trade routes. It was reported that the parties plan to jointly develop in the field of energy resources and conduct exploration of the Arctic territories.