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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.

The sea ports in Northwest Russia in the first half of the year had a total growth in turnover of 2,1 percent. That is thanks to the bigger amounts of oil shipped in the region.

A 5% duty rate on nickel exports could be reintroduced to support Russia’s state budget.

Figures from Finnish customs authorities show that the country’s exports in August this year dropped almost 40 percent year-on-year.

The Russian nickel plant in the town Nikel near the border to Norway.

Norilsk-Nikel has informed Norwegian authorities that they will not fulfil the agreement with the Nordic Investment Bank on improvement of the environmental impact from the smelter in Nikel on the Kola Peninsula.

The financial crisis has made the Russian economy more grey, leader of the country’s statistical service maintains.

Map: Izvestia.ru

Japanese companies might be interested in investing in the projected Belkomur railway line between Western Siberia and the Barents Sea, experts from the Nomura Group believes.

The average salary per month was 21,637 rubles (€ 554) for the first quarter this year, according to Murmanskstat.

The Arjeplog Arvidsjaur uranium prospect in northern Sweden is reportedly giving encouraging results.

Photo: Kremlin.ru

Yesterday’s meeting between Dmitry Medvedev and Barrack Obama brought Russia a big step closer to its desired membership in the World Trade Organization.

Russia and the WTO

Russian Prime Minister Vladimir Putin’s statements about a planned increase in import duties on foreign cars might cast shadows over the country’s quick accession in the World Trade Organisation.

The "Georg Ots" (photo: wikipedia)

The ferry “Georg Ots” has successfully made it through the Northeast Passage, Russian maritime authorities confirm.

Russian veterinary and phytosanitary inspectors this week visit Finnish food processing companies. Finnish authorities believe the visit will be followed by a lifting of trade restrictions on meat.

Silent ride over the snowy Finnish Lapland could become a popular tourist attraction.