International cooperation in the Barents region as a driver affecting Arctic economy

An effective system of international cooperation has been formed in the Barents region, and each new stage of such an interaction is being filled with new content: deep social and economic integration, effective tackling of economic challenges associated with the development and operation of the Arctic rich in resources, the development of engineering, transport and social infrastructure. In this regard, international cooperation is considered as a driver that is necessary to increase the scale of research and investment in the region, to foster understanding of the diversity of economic activities in the Arctic, to develop the effective management of Arctic resources, and to improve the economic system viability in the Arctic. The viability in the global context lies in its adaptation to external challenges, which ensures the realization of the Arctic resources potential and serves the interests in the field of national security.