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The MIKON flagship program in the Fram Centre is using both social and environmental sciences to examine how High North industrial development will affect the natural world, regional societies like the Sami and economic activity.

On the backdrop of political chill, trade between Finland and Russia is falling sharply. Also tourism between the countries is in a downswing.

Belomorsk and the White Sea

The Republic of Karelia intends to invest 9,5 billion RUB in the construction of a deep-sea port in Belomorsk on the White Sea coast.

Anatoly Chubais

The powerful leader of the United Energy Systems (RAO UES) Anatoly Chubais will be engaged in the talks over a new partnership agreement between Russia and the EU, a prominent Russian business leader says.

Mining (nornickel.ru)

Russian mining and metallurgy giant Norilsk Nickel will open a new major mine outside Monchegorsk in the Kola Peninsula. The mine, which is to be ready for production in five years, will extract an annual 520,000 tons of ore, the company’s regional subsidiary Kolskaya GMK informs.

Negative trends

The Russian rouble-denominated MICEX index yesterday fell 17,5 percent, the biggest drop in its history, while the dollar denominated RTS fell 11,5 percent. Also the stock exchanges in neighbouring Norway, Sweden and Finland dropped dramatically.

Negotiation leaders Krainy and Krog

“The stock situation in the Barents Sea is very encouraging, and this will benefit Norwegian and Russian fishermen and coastal communities”, Minister of Fisheries and Coastal Affairs Helga Pedersen said after the end of this week’s session in the Joint Norwegian-Russian Fishery Commission.

Severo-Zapadnaya Fosfornaya Kompania

The Murmansk regional administration has given its approval of the planned construction of a new apatite mine and processing plant in the central parts of the Kola Peninsula.

Trucks on the border

Finnish customs authorities say the value of exports to Russia went down in January by about 50 per cent compared with January last year.

Airline company Utair will start up daily flights between Murmansk and Moscow, the company informs.

Foto: Barentsphoto.com

The Russian Border Agency (Rosgranitsa) calls for the modernization of several Russian Arctic ports following new oil and gas activities and the higher international focus on the region.

Russian trawlers (BarentsObserver)

Head of the Russian Federal Fishery Agency Andrey Krainy says cooperation with Norway over trawler fleet modernization is a necessity.

The rising international market price on salmon has given an upturn for Norwegian fish farming industry. Now producers of salmon in northern Norway are about to run out of fish.

Murmansk Oblast’s notification of invitation to tenders for the Murmansk Transport Hub development, was released this week. The total costs of contracts at this stage are 995 million Rubles, of which 463 million Rubles shall be used in 2009.

Air carrier UTair is about to establish a company unit in Murmansk, which is to help it conquer the air traffic market in Northwest and Arctic Russia.