Territorial Claims To The North Pole and Arctic Regions
Main article: Territorial claims in the ArcticUnder international law, no country currently owns the North Pole or the region of the Arctic Ocean surrounding it. The five surrounding Arctic countries, Russia, Canada, Norway, Denmark (via Greenland), and the United States (via Alaska), are limited to a 200-nautical-mile (370 km; 230 mi) exclusive economic zone around their coasts, and the area beyond that is administered by the International Seabed Authority.
Upon ratification of the United Nations Convention on the Law of the Sea, a country has a ten year period to make claims to an extended continental shelf beyond its 200 mile exclusive economic zone. If accepted, such a claim gives the claimant state rights to what may be on or beneath the sea bottom within the claimed zone. Norway (ratified the convention in 1996), Russia (ratified in 1997), Canada (ratified in 2003) and Denmark (ratified in 2004) have all launched projects to base claims that certain areas of Arctic continental shelves should be subject to their sole sovereign exploitation.
In 1907 Canada invoked a "sector principle" to claim sovereignty over a sector stretching from its coasts to the North Pole. Although this claim has not been relinquished, neither has it been consistently pressed.
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