The Nordic Council of Ministers believes that the process of change in Russia is of crucial importance for the Nordic countries. Two of the Nordic countries share important borders with Russia.
The Baltic Sea and the Barents Sea join all the Nordic countries with Russia. Historically, relations with Russia have been directly decisive for stability and development in the Nordic region.
Today the Nordic governments have a strong will to develop and extend these historic relations to create growth and stability in the North of Europe. For this reason the Nordic Council of Ministers has earmarked approx. 15-20 per cent of its annual budget for co-operation with Russia.
Co-operation takes place partly within the 10 councils of ministers, partly within the framework of the activities of the Nordic institutions and partly through the Nordic Ministers for Co-operation.