Source Pravda.Ru

Russia and Norway sign agreement on the border in the Arctic Ocean

41636.jpegRussia and Norway signed an agreement to settle a four-decade-long border dispute over the energy-rich Barents Sea and Arctic Ocean, paving the way for more cooperation on oil and gas production.

The accord was signed during Russian President Dmitry Medvedev's meeting today with Norwegian Prime Minister Jens Stoltenberg in the Russian Arctic city of Murmansk, the base for OAO Gazprom's Shtokman gas project about 550 kilometers (340 miles) offshore in the Barents Sea.

The two countries, which both cross the Arctic circle and share a 196-kilometer border, have been discussing their maritime territories since the early 1970s, Bloomberg reports.

According to The Russian News & Information Agency RIA Novosti, Medvedev said the treaty would "open a new page in bilateral relations" and boost cooperation in the energy and fishing sectors.

"This event should influence the general situation in the region, strengthen the regime of international and regional security and improve further cooperation between the Arctic states," Medvedev said, adding that the parliaments of the two states would ratify the treaty simultaneously.

 

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases