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Putin Says Arctic Must Remain 'Zone Of Peace'

Russian Prime Minister Vladimir Putin speaks at the International Arctic Forum.
Russian Prime Minister Vladimir Putin says he does not see Arctic countries fighting over resources in the region.

Addressing an international Arctic conference in Moscow today, Putin said he believed all disagreements between competing states could be resolved by international law.

"Serious geopolitical and economic interests intersect in the Arctic," Putin said.

"But I have no doubt that all the existing Arctic issues, including the continental shelf, can be solved in a spirit of partnership, through negotiatons on the basis of existing international legal norms."

Russia is locked in a race with Canada, the United States, Norway, and Denmark over how to divide the Arctic, which American researchers have said might be left ice-free by 2030 as a result of global warming.

One-quarter of the earth's untapped energy resources are believed to be buried under the Arctic Sea floor.

compiled from agency reports