Tuesday, June 28, 2011

Quote: Cleo on Russian Arctic shipping for Bloomberg

In a widely pick-up article originally for Bloomberg, Ilya Khrennikov quotes Cleo on the Russian shipping in the Arctic. An excerpt:

“The thinning and retreat of Arctic ice is combining with the thawing of the permafrost in northern Russia to make shipping via the Northeast Sea Route increasingly attractive and active during the lengthening summer season,” said Cleo Paskal, associate fellow at Chatham House, a policy adviser in London. “This raises a series of urgent security, political and economic issues, and has the potential to turn the Bering Strait into a critical strategic chokepoint.”
For more click here.

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