As the melting Arctic ice cap opens new shipping lanes and makes it easier to access strategic energy reserves, countries are racing to gain control over the Arctic’s abundant natural resources.
The Arctic is emerging as the world’s next hot spot for oil and gas development. As the melting ice cap opens new shipping lanes and makes it easier to access strategic energy reserves, countries are racing to gain control over the Arctic’s abundant natural resources.
In a report, Dmitri Trenin and Pavel Baev offer a view from Moscow on what the opening of the Arctic means. While there is a strong desire to compete over the resources in order to meet increasing energy demands, Trenin and Baev argue that all countries—with Russia in a leading role—can benefit more through cooperation.
“As countries around the globe continue to rely on a dwindling number of oil and gas reserves to serve their energy needs, the Arctic territory—parts of which remain unclaimed—will continue to be an area of intense geopolitical interest,” Trenin and Baev write. “Russia’s role in fostering either goodwill or rivalry will have implications for countries far from the Arctic’s icy waters.”
Former Director, Carnegie Moscow Center
Trenin was director of the Carnegie Moscow Center from 2008 to early 2022.
Павел Баев
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
After the chill in ties between 2020 and 2024 that brought India–China relations to their lowest point in several decades, the two countries have engaged each other afresh. This paper argues that there are predominantly four imperatives guiding India’s approach to China, and they exist in an order of priority.
Saheb Singh Chadha
This piece argues that India’s central challenge is not managing a single flashpoint but resolving the underlying tension between expansion and institutional coherency of the BRICS grouping.
Vrinda Sahai
A partnership between India, a country of subcontinental size, and Africa, a continent of fifty-four countries, may seem asymmetric until one notes that both are home to nearly the same number of people—1.4 billion. This essay spells out the existing challenges to the partnership, its optimal potential, and the possible pathways to realize it over the next quarter-century.
Rajiv Bhatia
The India–EU Free Trade Agreement (FTA) is shaping up to be one of the most consequential trade negotiations, both economically and strategically. But, what’s in the agreement, what’s missing, and what will determine its success in the years ahead
Vrinda Sahai, Nicolas Köhler-Suzuki
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari
