Abstract

Russian and Chinese initiatives in Central Eurasia cannot be considered separate or mutually exclusive - Eurasian integration and the Silk Road Economic Belt complement rather than contradict each other. Successfully conjoining the two projects directly depends on Russian-Chinese relations that are based on mutual respect and political trust. Both sides are equally interested in maintaining a stable and safe Central Asia for fruitful cooperation, not competition. However, more systematic and consistent work between the Eurasian Economic Union (EEU) and China requires a strong and effective institutional basis and structure. The solution thus includes two important aspects. The first implies a more powerful Eurasian Economic Commission and the extension of its competence to new areas. The second means creating a special institution for intergovernmental cooperation, which could serve as a platform for a multilateral dialogue and provide ongoing day-to-day support for decision-makers and different experts of all levels. Such a mechanism would also help to elaborate a common position and policy on China for the five EEU countries. The conjoining of the EEU and the Silk Road initiative would not only boost trade among states but is necessary to develop infrastructure and investment programmes. Such a multifaceted agenda would require serious technical preparation as well as force EEU countries to compromise, because only with consent can members truly benefit.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.