Russian Arctic increases with islands

Relevance of the topic is defined by the fact that neither the Russian Empire nor the Soviet Union nor the Russian Federation have passed a law that defines the status, composition and the borders of the Russian Arctic, both on land and in the waters of the Arctic Ocean. It is necessary to find system solutions for a number of urgent problems of the Arctic management modernization: 1) monitoring of Russian islands in the Arctic Ocean, administrative, legal and environmental responsibility for the departmental use of their lands and adjacent water area; 2) adoption of the basic federal law "The Arctic zone of the Russian Federation"; 3) effective functioning of the Government Commission on the Arctic; 4) development of interregional integration institutes; 5) implementation of state program "Socio-economic development of the Russian Arctic for the period up to 2020"; 6) transition to project management, the formation of the portfolio of the Arctic projects; 7) the possibility of establishing the Bank for Reconstruction and Development in the Arctic, Arctic state commercial bank.