From Wikipedia:
Under international law, no country currently owns the North Pole or the region of the Arctic Ocean surrounding it. The five surrounding Arctic states, Russia, the United States (via Alaska), Canada, Norway and Denmark (via Greenland), are limited to a 320 kilometre (200-mile) 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 extend its 200 mile zone.[40] Norway (ratified the convention in 1996[41]), Russia (ratified in 1997[41]), Canada (ratified in 2003[41]) and Denmark (ratified in 2004[41]) have all launched projects to base claims that certain Arctic sectors should belong to their territories.[42]
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