The stand of the Ministry for the Development of the Russian Far East and Arctic — 'The Arctic: Territory of Dialogue' — was first opened at the 25th St. Petersburg International Economic Forum and became a platform for 16 events on the Arctic agenda.

In turn, Nikolay Korchunov, Chairman of the Committee of Senior Officials of the Arctic Council and Ambassador-at-large of the Foreign Ministry of the Russian Federation, noted the increasing importance of the Arctic in global politics and the global economy.

'The sessions held at the stand will allow us to develop specific steps and effective solutions to fulfil the tasks set by the Russian leadership to ensure a balanced sustainable development of the region and improve the well-being of its inhabitants, including the indigenous peoples of the North,' said Nikolay Korchunov.

The stand of the Ministry for the Development of the Russian Far East and Arctic — 'The Arctic: Territory of Dialogue' — also became one of the venues of the Creative Business Forum, where seven events were devoted to the development of the creative industries in the North.

The implementation of joint projects in various fields in the Arctic, as well as the maintenance of effective multilateral cooperation in high latitudes, were discussed at the session 'International Cooperation as a Guarantee of Arctic Sustainable Development' of the Think Arctic project with the participation of representatives from India, China and Norwegian universities. Particular attention was drawn to the importance of constructive, depoliticised cooperation in the Arctic for the sustainable development of the region and its people, including indigenous peoples.

Sessions at the stand also touched on the functioning of the North Sea Route and the role of science in addressing strategic challenges in the Arctic. A large session was held with Alexey Chekunkov, Minister for the Development of the Russian Far East and Arctic, and heads of major companies that implement key investment projects in the Arctic region with the application of measures of state support in the status of residents of ASEZ 'Stolitsa Arktiki' (ASEZ 'The Capital of the Arctic') and AZRF.  During the Arctic Investor Day, the governors of the Russian Arctic regions personally presented investment projects to Russian businessmen and the media at the stand of the Ministry for the Development of the Russian Far East and Arctic. A special place on the agenda was taken by a presentation on the tourism potential of the Arctic regions of Russia, as well as pressing issues of education and human resources in the Arctic in the new realities.