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Saturday, February 28, 2015

Who Owns the North Pole (part 85)

The United Kingdom should select an ambassador for the Arctic or risk being left out of key decisions in the region, a House of Lords report says. It advised the UK should follow the example of nations including France, Singapore and Japan in appointing an ambassador for the Arctic.

Experts have said the Arctic will be free of sea ice in the summer as soon as 2020, which will give way to extract resources, open up a northern sea trade route and opportunities to “take advantage of the expansion of shipping” on Arctic routes. The committee suggests the interests of British companies need better representation.

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