Abstract

Purpose. The article deals with the development of China-Russia-Mongolia economic corridor in the context of “One Belt, One Road” initiative, namely the projects of Silk Road economic belt and Steppe Route projects. The purpose of the research is to specify the peculiarities of cross-border cooperation between China, namely Inner Mongolia Autonomous Region, Russia and Mongolia. The China-Russia-Mongolia economic corridor is one of the six main economic corridors of “One Belt, One Road” initiative. The initiative is aimed at both effective economic cooperation of the three countries and the regional development in general. Results. The improvement of the mechanisms of cross-border cooperation is considered one of the key issues. Thus, the development of the transportation infrastructure facility, in particular, land transport ports, alignment of customs procedures, increasing the effectiveness of cooperation between urban agglomerations and between cross-border regions will allow comprehensive development of China-Russia-Mongolia economic corridor as well as the other projects of “One Belt, One Road” Initiative.

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