Why is india taking keen interest in resources of arctic region?
Answers
India as a country has in the recent past put emphasis on tapping resources on the arctic region .this is because the region contains climatic and economic influence on India.
ECONOMIC IMPORTANCE
The arctic region is rich with oil and natural gas .The problem with this is that it is still undiscovered and no one as gone a notch higher to execute this resources .Since the areas that surround it are owned by no one India is trying to put in place mechanisms to explore this rich resources .
CLIMATIC IMPORTANCE
The Arctic region has got shallow waters that influences a terrestrial ecosystem .Within this ecosystem are a number of dwellers that are very important in many ways .An example of sea life which is food to man.
India is one of the countries to discover that the arctic region has abundance of resources. Most of the resources are left unused and so India is trying to make the most of the unused resources.
These resources can have an impact on developing the economy of the country.
Reasons:
- The arctic region has abundance of oil and natural gas but is still undiscovered.
- Oil and natural gas can be a great economic boost.
- There is no ownership of areas surrounding the arctic and so India is trying to explore its resources.
- Shallow waters indicate the presence of terrestrial ecosystem.
- Presence of sea life which is a source of food for man.