Aspects of the implementation of state policy in the Arctic in order to ensure Russia’s economic security in con-nection with the development of the processes of increasing the presence of the United States and its Western partners in the Arctic regions are considered. The trend towards new centres of economic power, such as China and its Arctic strategies, has been analysed. The need to develop domestic innovative technologies based on digitalization in the extractive industries for their implementation in the Russian segment of the Arctic is shown. It is emphasized that such technologies should not create additional risks of man-made disasters in such a fragile natural ecosystem as the Arctic. Aspects of Ensuring Russia’s economic security in connection with the development of processes of increasing the presence of the United States and its Western partners in the Arctic are considered. The trend towards new centres of economic power, such as China and its Arctic strategies, has been analysed. The need to develop domestic innovative technologies based on digitalization in the extractive industries for their implementation in the Russian segment of the Arctic is shown. It is emphasized that such technologies should not create additional risks of man-made disasters in such a fragile natural ecosystem as the Arctic.