scholarly journals A COMPREHENSIVE STRATEGIC PARTNERSHIP: SYNCHRONIZING CHINA’S BELT AND ROAD INITIATIVE (BRI) ON RUSSIA’S EURASIA ECONOMIC UNION (EAEU)

2019 ◽  
Vol 20 (2) ◽  
pp. 152-166
Author(s):  
Hendra Manurung

This research attempts to enrich debate by addressing the relationship of the China’s Belt and Road Initiative with the Russia’s Eurasian Economic Union (EAEU). Currently, it is a common phenomenon where a regional economic grouping bringing together several of China’s important BRI partners including Russia and Central Asian countries. Since 2013, China’s Belt and Road Initiative (BRI) initiated, developed, and has been promptly placed among the top priorities of China’s foreign policy consideration in Beijing. One of the BRI’s cooperation priorities is unimpeded trade, which implies the improvement of the investment and trade facilitation and removal of the recurrent investment and trade barriers. Despite its apparent flexibility and openness to embracing existing regional and multilateral platforms, there has been little debate on the compatibility of the BRI objectives with the existing economic integration projects. Thus, it raises a question on how these two initiatives go along smoothly, why it needs to be developed and how it will be develop. Meanwhile, it exists also the U.S-China trade war which has been going intensively for two years since 2017. It addresses the current progress in bridging the two major economic projects and outlines the strategic decision-making priority directions for further coordination between these two global major powers.

Subject Improvements in Kazakh-Uzbek relations. Significance Uzbekistan and Kazakhstan are the key Central Asian states and the dynamics of their relationship have implications for all their neighbours. Kazakh President Nursultan Nazarbayev's visit to Tashkent on September 16 was hailed as the start of a new era in a sometimes troubled relationship. The change in mood was initiated by Shavqat Mirzioyev, Uzbekistan's president since December 2016. Impacts Uzbekistan is unlikely to reverse its stance on the Eurasian Economic Union, which it is reluctant to join. Kazakh-Uzbek cooperation is likely to include counter-terrorism and other security measures. A better bilateral relationship will facilitate China's Belt and Road initiative in Central Asia.


2020 ◽  
Vol 49 (1) ◽  
pp. 33-57
Author(s):  
Gaziza Shakhanova ◽  
Jeremy Garlick

The Russian-led Eurasian Economic Union (EAEU) is a key partner in China’s Belt, and Road Initiative (BRI), since it comprises the majority of territories which the BRI’s overland route, the Silk Road Economic Belt, needs to traverse as it crosses Central Asia on the way to Europe. The goal of this article is to explore the BRI in the context of BRI–EAEU coordination. The first part of the analysis focusses on the ways the Eurasian Economic Commission delineates the “Greater Eurasian Partnership” and counterposes it against China and the BRI. Then, the article compares two sets of interpretations of the BRI and “Greater Eurasian Partnership” obtained from interviews with elites in Kazakhstan and Russia. The interviews indicate that the BRI has had a much more forceful impact on local elites than Russia’s idea of “Greater Eurasian Partnership.”


2020 ◽  
pp. 33-45
Author(s):  
Mikhail Nosov ◽  

At present time, there are three main international integration projects actually operating in the Eurasian space ‒ the European Union (EU), the Eurasian Economic Union (EAEU) and the Chinese “Belt & Road Initiative” (BRI) project. All three differ in the time of their beginning, in economic and political possibilities, in methods of implementation and in its goals. All projects, one way or another, interact with each other in Eurasia with different intensity, potentially open up wide opportunities for them, but also create new problems. For Russia relations with China is one of the most important factors of its foreign policy and the Chinese project is a substantial part of it. The article examines the history of the Chinese project, the reasons for its occurrence, and the problems arising in bilateral and global relations in the context of Russia’s participation in it.


2019 ◽  
Vol 27 (4) ◽  
pp. 732-742
Author(s):  
Elena A. Egorycheva

Over the past decades, Russia and China have been steadily deepening their cooperation. It is seen in many fields: mutual trade agreements, investment and scientific cooperation, ecological and environment solutions to global issues. Russia is actively engaged in the Belt and Road Initiative proposed by China. Kazakhstan, Turkmenistan, Uzbekistan, Tajikistan, and Kyrgyzstan are engaged in it as well. Some of them are also members of the Eurasian Economic Union. The paper aimed to identify China’s and Russia’s current interests in these countries, as Central Asia (CA) is the area where Russia’s and China’s interests coincide. Trade relations between the analyzed countries are considered in it. The paper also addresses investment projects under Belt and Road Initiative, which China has been financing in CA countries.


2020 ◽  
Vol 13 (26) ◽  
pp. 1-22
Author(s):  
Nurlan Aitkaliuly NURSEIIT ◽  

The purpose of the article is to study the regional cooperation of the countries of Central Asia (CA) among themselves and with other regions, as well as finding ways to improve it. The study revealed that regional cooperation is still at a low level. Significant trading partners of Central Asia are currently the EU, China, Russia, and Turkey. The participation of the countries of the region in the Eurasian Economic Union (EAEU) and the Chinese "Belt and Road" initiative (BRI) did not lead to the expected results. The observed decline in trade in Central Asia is associated mainly with a decline in world prices for raw materials and not a change in physical volumes.


Author(s):  
Vasilii Erokhin ◽  
Gao Tianming

This chapter gives a general overview of current integration processes which affect the countries in the regions of Europe and Asia, with a special focus on China and its Belt and Road initiative, from one side, Russia and its integration initiative of the Eurasian Economic Union, from another side, and BRICS as an umbrella format of collaboration between China, Russia, and other countries. In the case of trade in food and agricultural products, the chapter covers the two major rising economic powers with the involvement of China and Russia which are the Eurasian Economic Union and BRICS. The authors interpret their developments in relation to the modification of existing approaches to agricultural trade and establishing food security in the BRICS+ format.


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