Who Owns The Arctic
This title has been a featured topic in TIME magazine a week ago. The was no clear answer. The main purpose of this post is to say who really ows it.
I got the answer from the “Inbox” section of the same magazine. It came from Holmes Brannon from Colorado, U.S. Whe he read the article “Fight for the Top of the World” he asked his 5-year-old son “Who owns the Arctic?”.
The kid thought for a moment, smiled and answered - “Santa Claus” 
It is not just a touching story it is something that shows that sometimes children see the thing more clear than grown-ups. It is funny but it is true. If we knew that Artic was either American, Canadian or Russian we would taught this in school as well as our kids would do. The truth is that the Arctic is no man’s land and will stay like this at least for next few decades.
If the world powers and all national states see a future in a friendly way they would reach a good agreement about exploiting the North Pole territory.
What does the Internatinal law say?
Under the provisions of the United Nations Convention on the Law of the Sea (UNCLOS), a natiional state has exclusive rights to explore and exploit to the sea’s resources within 230 miles(370 km or 200 nautical miles) of its coast. There is an option in the treaty which gives a given country opportunity to extended the this limit up to 350 nautical miles. To benefit from this option the country needs to prove that its continental shelf draws out from the coastline beyond the limit of 200 nautical miles.
Stories about battle for Arctic:
