Irina Umnova suggested to work out legislative base do determine the status of the Barens Sea. She told that at the present time she works out legislative status of the Baikal Lake and Kaspian Sea. She has an idea to do investigate from the same point of view the Barents Sea. “It is not just a sea. That is the whole system that influences on the standards lf living in the region. International, federal and regional law are tightly intersected there. That should be the united system”, told Irina Umnova. Marina Kovtun suggested discussing these vital issues during the next International Business week in November 2014.