"Since they share a common ocean and common challenges and since they already cooperate to a considerable extent, the Arctic states should find the political will to go one step further to organise and consolidate their efforts in a new regional seas agreement." A key aim of the meeting - organised by Denmark and also attended by Russia, the United States, Canada and Norway - was to reaffirm the rules governing rights over the seabed contained in the UN Law of the Sea Convention. This says that a country has the right to drill for minerals up to 200 nautical miles (370km) from the edge of its continental shelf. It can make a claim that the shelf goes beyond that and, if the claim is accepted, rights would then be extended. Already, Russia has made a huge claim on the basis that an underwater feature, the Lomonosov Ridge, runs from Siberia to the North Pole. It argues that Russia owns the rights extending from the ridge, and that would include the North Pole.
Last year a Russian submersible planted a metal Russian flag on the seabed under the Pole to illustrate its claim. Russia's claim is currently being considered by a technical panel. Norway has also lodged a claim. Who claims what in the Arctic