25.12.2010
Arctic Square of Opportunities
The treaty concerning maritime delimitation in the Barents Sea and the Arctic Ocean, which Russia and Norway signed in September 2010, is regarded by the officialdom as a great diplomatic success. However, the document disregards a whole range of vital legal aspects, which may be detrimental to the operation of Russian state companies in the region, including possible weighty losses due to discrepancies in tax treatment.
Alexander Oreshenkov
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