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Context
Details
Northern Sea Route (NSR)
Northern Sea Route Vs North west passage
Who owns the Northwest and Northeast Passages?
Why are they so important?
Why aren’t they used all the time, then?
How is Russia making the NSR navigable?
Why is the Arctic region significant to India?
In 2009, the US Geological Survey carried out a scientific study that found that 25% of the world’s untapped oil and gas reserves are located in the Arctic region. The area is also rich in other natural resources, including nickel, iron ore, phosphate, copper, cobalt, uranium, and gold. In the past it has been difficult to explore the natural resources of the region, and impossible to exploit them, due to the ice cover. However, climate change may be making this more possible. One of the main global markets for energy and natural resources is China. The extension of the ice-free period in the Arctic has two benefits: the exploitation of natural resources, and the opportunity for companies to transport them to China via the Northwest and Northeast Passages. It is for this reason that ownership of the shipping routes has become a contentious issue in recent years. Another industry to benefit from ice-free summers in the Arctic is tourism. More and more Arctic cruises are being offered the chance to see wildlife, watch the Aurora Borealis (northern lights), and sail through icy seas. Tourism is having a positive economic effect on countries such as Greenland, bringing income and jobs. |
How old is India’s engagement with the Arctic?
What are the driving factors for India to participate in the NSR development?
What lies forward?
What is the impact of all this on the environment of the Arctic?
Closing Remarks
PRACTICE QUESTION Q. Shed light on the importance of Northwest and Northeast Passages. What are the driving factors for India to participate in the Northern Sea Route Development and why is the Arctic region significant to India? |
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