The authors have presented the research of Arctic strategies for the socio-economic development of circumpolar states with the identification of national and regional aspects. The research seems to be very relevant because of the growth of geopolitical and economic importance of the Arctic. Countries with Arctic territories together and individually develop legal framework of a country, taking into account the following: firstly, their priorities; secondly, the existing legal status of land, water and air spaces of the Arctic; thirdly, global interests of the present and future of the planet.