Add to favorite
The Russian-Norwegian treaty on Maritime Delimitation and Cooperation in the Barents Sea and the Arctic Ocean has come into force on Thursday.
The treaty gives vast opportunities to both sides to explore petroleum deposits of the Arctic continental shelf at a 175,000-square-km area and defines the conditions of fishing field cooperation.
The treaty was signed by Ministers of Foreign Affairs of the two countries in Murmansk on September 15, 2010 and was ratified by national parliaments. It ended a 40-year border dispute between Russia and Norway.
The Treaty is absolutely mutually beneficial, fair and meets all principles of international law, says Russian Foreign Minister Sergey Lavrov.
www.itar-tass.com, www.regjeringen.no,
Photo www.bbc.co.uk
Author: Irina Fomina
