Medvedev: Some Arctic development projects will be suspended
© RIA Novosti. Alexander Astafyev

Medvedev: Some Arctic development projects will be suspended

Russia will have to revise its development priorities in the Arctic and postpone some projects to save resources, Prime Minister Dmitry Medvedev said.

Dmitry Medvedev said at a meeting on federal spending for regional development programs in 2018-2020 that core development zones should be created in the Arctic. These zones should be combined wherever possible with local mining and raw materials areas to provide the basis for the region's development. "When resources are in short supply, and it is a fact that huge resources are needed for Arctic projects, we will have to revise our priorities so as to decide what must be done as soon as possible and what can be postponed," Medvedev said.