India Welcomes China’s ‘Polar Silk Road’ But Opposes ‘Monopoly’ in the Arctic, Expert Says

China has identified itself as a “near-Arctic state” and key stakeholder in the governance of the Arctic region, as per an official policy document from 2018. India, on the other hand, launched its own “Arctic Policy” in March of this year in order to boost its presence in the resource-rich region, which is also critical to combat climate change.