Russia's Arctic region policy through geopolitical perspective

21st century introduced the world a new region that for a last decade became an object of heated political discussion – the Arctic. The Arctic region has been changing from the potential conflict area between bipolar powers during the Cold War into the arena for international cooperation and economical rivalry. Since the events in 2007 the attention was absorbed to the benefits which shortly it may bring: natural resources and mineral, advantageous transportation ways. Even though the gain out of the region is in unknown distant future, the interest to the Arctic remains high. All the actors agree that due to the extreme conditions of the Arctic area, which requires high financial input, the most successful way to develop the region is cooperation and investment promotion. In sequence, geopolitical importance of the region has been increasing as well. In spite of this work comprise both: regional and non-regional actors of the Arctic, more specifically it focuses on Russia as the biggest regional country and its geopolitical Arctic approach. As a model for Russian Arctic geopolitics was chosen the concept of Vadim Leonidovich Tsimbusky "The Russian Island" – the main work of unrecognized genius of Russian geopolitics of post-Cold War time. Analyses of the concept's pillars revealed the concept being flexible and livable which makes it appropriate fully or partially use as the Arctic geopolitical concept of the Russian Federation.