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Norway claimed a 200 nautical miles (370 km; 230 mi) exclusive economic zone (EEZ) around Svalbard in 1977, [5] with 31,688 square kilometres (12,235 sq mi) of internal waters and 770,565 square kilometres (297,517 sq mi) of EEZ. [6] Norway retains a restrictive fisheries policy in the zone, [5] and the claims are disputed by Russia. [7]
The name Svalbard was officially adopted for the archipelago by Norway under the 1925 Svalbard Act which formally annexed it. [14] The former name Spitsbergen was thenceforth restricted to the main island. In 1827 Baltazar Keilhau first proposed that the Old Norse toponym Svalbarði, found in medieval Icelandic sources, referred to Spitsbergen.
Coop Svalbard also operates a kiosk at Svalbard Airport, Longyear. Svalbardbutikken was established in 1992, and it took over the grocery business on the island from the Provianten grocery store, which opened in 1950. [2] Svalbardbutikken in 2006, in the foreground to the right. The fact that the business is located in Svalbard, an area remote ...
The Søre Fagerfjord property, the last known private property in Svalbard, located between Norway and the North Pole, was put on the market in May for €300 million ($322 million).
Norway is among the most expensive countries in the world, as reflected in the Big Mac Index and other indices. Historically, transportation costs and barriers to free trade had caused the disparity, but in recent years, Norwegian policy in labor relations, taxation, and other areas have contributed significantly.
Uniquely, the Norwegian archipelago of Svalbard, located in the High Arctic, is an entirely visa-free zone. However, travelers who have a visa requirement to enter mainland Norway/the Schengen area must have a Schengen visa if they travel via mainland Norway/the Schengen area. This must be a double-entry visa so they can return to mainland ...
Just below this settlement at 78.12° N is Svalbard's primary city, Longyearbyen, which has a population of over 2,000. When occupied for a few weeks some years, the northernmost temporary settlement in the world is Camp Barneo , a Russian tourist attraction located near 88°11'00" N.
The title of most expensive sunglasses in the world goes to the Chopard de Rigo Vision, which are priced at $408,000. These stunning specs are graced with 24 carat-gold and then some and feature ...