Under international law, no country owns the North Pole or the region of the Arctic Ocean surrounding it yet. The five surrounding Arctic states, Russia, the United States, Canada, Norway and Denmark (via Greenland), are limited to a 320 kilometre (200-mile) economic zone around their coasts.
Upon ratification of the United Nations Convention on the Law of the Sea, a country has a ten year period to make claims to extend its 200 mile zone.[23] Due to this Norway (ratified the convention in 1996[24]), Russia (ratified in 1997[24]), Canada (ratified in 2003[24]) and Denmark (ratified in 2004[24]) launched projects to base claims, that certain Arctic sectors should belong to their territories.
Re: Russia lays claim to the North Pole
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