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South Korea and Murmansk economic development

The Russian Federation has a development program for the Arctic for 2013-2020, and the Murmansk Region is opening the Murmansk competence center for the development and exploration of the Arctic between 2020 and 2025. South Korea, through its consul in St. Petersburg, already has expressed interest in developing tourism and information technology in Murmansk.

For more information about the Murmansk Region, see the article in the 3 October 2014 version of “Focus on South Korea” from ART DE LEX that is available here. The newsletter has information about other business opportunities that involve Russia and South Korea. It also contains details about the 17 October 2014 legal seminar in Seoul that will examine business possibilities in Russia, a joint effort of ART DE LEX and the Korean International Trade Association (KITA).