Compromise over Barents Sea agreed / News / The Foreigner

Compromise over Barents Sea agreed. “This is a historic day,” says Norwegian Prime Minister. Norwegian and Russian negotiators have reached an agreement on the bilateral maritime delimitation in the Barents Sea and the Arctic Ocean.Division “This is a historic day. We have reached a breakthrough in the most important outstanding issue between Norway and the Russian Federation,” Prime Minister Jens Stoltenberg says in a press release.

barents, sea, arctic, ocean, jens, stoltenberg, dimitry, medvedev



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Compromise over Barents Sea agreed

Published on Tuesday, 27th April, 2010 at 13:08 under the news category, by Michael Sandelson   .

“This is a historic day,” says Norwegian Prime Minister.

Arctic Ocean off Tromsø
Arctic Ocean off Tromsø
Photo: Vinay Deep/Wikimedia Commons


Norwegian and Russian negotiators have reached an agreement on the bilateral maritime delimitation in the Barents Sea and the Arctic Ocean.

Division

This is a historic day. We have reached a breakthrough in the most important outstanding issue between Norway and the Russian Federation,” Prime Minister Jens Stoltenberg says in a press release.

The total disputed area of 175,000 square kilometres has been the subject of failed negotiations for over 40 years, but the dispute has now been settled.

A maritime delimitation line will be drawn, dividing the zone into two parts of similar size.

Cooperation

Norwegian and Russian delegations also recommend adopting a treaty that allows for maintaining and enhancing cooperation on fisheries, as well as management of hydrocarbon resources.

Although there’s some work left before the treaty can be presented before the two countries’ national assemblies, it’s expected that Stoltenberg and Russian President Dimitry Medvedev will sign a joint statement about the agreement later today.  

“Agreement on the maritime delimitation line opens up new prospects for cooperation in the north on resources, trade and industry, employment opportunities and people-to-people cooperation across our common border. This is a historic day, especially for our populations in the north”, Stoltenberg says.



Published on Tuesday, 27th April, 2010 at 13:08 under the news category, by Michael Sandelson   .

This post has the following tags: barents, sea, arctic, ocean, jens, stoltenberg, dimitry, medvedev.





  
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