International cooperation on arctic development and the digital economy

Between 28 February 2 March, the 2nd Russian-Chinese Economic forum, Eastern Perspective of the Russian Economy was held in St. Petersburg. DOC Research Institute Program Manager Andrey Filippovattended the conference and took part in discussions on infrastructure development and the digital economy.

International cooperation in industrial production, Internet commerce, education, banking and investment in medicine, the textile industry and tourism were discussed. One of the key parts of the forum was dedicated to international cooperation on the Arctic, in the context of creating an infrastructure for the development of the northern hemisphere and new logistics routes in the region.

Experts noted the demand to develop new financial and logistic models for decision-making in supply chain management, logistics and warehousing, and also stressed the importance of taking into account the climatic conditions of high humidity and low temperatures.
The widespread usage of digital technologies has a significant impact on economic development and international trade. Despite their popularity, they are still new and, promise to have a significant impact on global economic development over the next decade.

source: https://doc-research.org/en/international-cooperation-arctic-development-digital-economy/

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