Russia explores arctic cooperation with Türkiye, Vietnam
The logo of the Russian State Atomic Energy Corporation Rosatom on December 8, 2021 in Sochi, Russia (Adobe Stock Photo)
Russia is exploring new opportunities for Arctic cooperation with Türkiye and Vietnam, with an emphasis on joint projects and investment, according to Rosatom CEO Alexey Likhachev.
Speaking at the International Arctic Forum, Likhachev highlighted Russia’s willingness to collaborate on the Northern Sea Route (SMP) with countries in the Middle East and Asia, including Türkiye and Vietnam.
Arctic cooperation on a government-to-government level
Likhachev confirmed that Rosatom, the Russian state corporation overseeing nuclear energy and related sectors, is open to joint Arctic projects at the intergovernmental level.
He noted that Russia has already signed intergovernmental agreements with several countries, including China and India, and has set up working groups with these nations to promote cooperation.
“We are open [to joint Arctic projects] at the intergovernmental level… [We have] signed agreements, and Russian-Chinese and Russian-Indian working groups have already started their work. We have been in discussions and are implementing specific projects with our partners in Türkiye and are deeply discussing this with Vietnam,” said Likhachev.
Joint ventures with Türkiye and Vietnam
Rosatom’s approach to Arctic cooperation includes both intergovernmental collaboration and business-level partnerships.
Likhachev indicated that these partnerships extend beyond just political agreements, with efforts underway to create joint business structures and prepare investment projects.
The discussions with Türkiye and Vietnam are focused on creating opportunities for joint ventures and technology transfer, leveraging Russia’s expertise in Arctic development, particularly in the context of the Northern Sea Route, which is a critical shipping lane for global trade.
