scholarly journals Regional Integration via Major Powers: Russian Eurasian Economic Union versus Chinese Silk Road Economic Belt versus American New Silk Road Project

Author(s):  
Otabek OMONKULOV ◽  
GÜROL BABA
Author(s):  
Andrew Korybko ◽  
Vladimir Morozov

Connectivity is one of the key trends of the 21st century, which Russia is fully embracing with its Greater Eurasian Partnership (GEP) in order to counteract the chaotic processes unleashed throughout the course of the ongoing systemic transition from unipolarity to multipolarity. This outlook sets forth the grand strategic task of integrating with some of the former countries of the erstwhile Soviet Union through the Russian-led Eurasian Economic Union (EAEU) and then further afield with the other regions of Eurasia in order to benefit from the growing cross-supercontinental trade between Europe and Asia. President Putin declared during the second Belt & Road Initiative (BRI) Forum in April 2019 that this Chinese-led project “rimes with Russia’s idea to establish a Greater Eurasian Partnership” and that “The five EAEU member states have unanimously supported the idea of pairing the EAEU development and the Chinese Silk Road Economic Belt project”. It naturally follows that the pairing of the EAEU with BRI would involve Russia improving its connectivity with the latter’s flagship project of the China-Pakistan Economic Corridor (CPEC) in South Asia, thereby endowing Pakistan with an important role in the GEP. The rapidly improving relations between Moscow and Islamabad, as well as the peacemaking efforts undertaken by those two states and other stakeholders in Afghanistan across 2019, raise the prospect of a future trade corridor traversing through the countries between them and thus creating a new axis of Eurasian integration that would complete the first envisaged step of bringing the EAEU and BRI closer together. In pursuit of this multilaterally beneficial outcome, it’s important to explain the policymaking and academic bases behind it so as to prove the viability of this proposal.


2020 ◽  
Vol 22 (3) ◽  
pp. 64-69
Author(s):  
JIANG SIYUAN ◽  
◽  
GAN ZHONGYANG ◽  

The process of integrating the Chinese initiative ‘One Belt, One Road’ and the EEU development concept has entered a new stage – the transition from project cooperation to systematization. The creation of an inter-regional mechanism for the settlement of commercial disputes is an urgent need to resolve disagreements in the field of trade, as well as an important guarantee of the further development of trade and economic cooperation and coordinated interaction of countries. The article gives recommendations on the creation of a mechanism for the settlement of commercial disputes within the framework of interfacing the construction of the Eurasian Economic Union and the Silk Road Economic Belt.


Author(s):  
Xiaofen Qiu

The establishment of “Silk Road Economic Belt” in China, the task to revive the historic trade route between Europe and Asia. In the process of this project, China and Russia have a broad space for cooperation. For example, in the field of trade and economic cooperation, cross-border infrastructure development and expansion of bilateral trade and investment, deepen financial cooperation, promote high-technology cooperation in the field of education, strengthen the Sino-Russian energy cooperation, expansion of industrial and agricultural cooperation. At the same time both sides consider the Russian integration project - the Eurasian Economic Union and Chinese - “The economic belt of the new Silk Road” are not rival, but complementary structures.


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