... extent in politics towards booming Asia through the development of Siberia and the Far East, although the turn is belated and slow. Relations of friendship and profound strategic partnership with China have been established. The agreement to pair the Silk Road Economic Belt and the Eurasian Economic Union has proved helpful in avoiding rivalry in Central Asia. Vast potential has been built up for deepening cooperation with the ASEAN countries, Japan and South Korea.
As a result, Russia has secured ...
... circumstances. Potentially, a successful integration might reduce transaction costs between member states and thereby make their economies more efficient. Greater cooperation with China marked another important dimension of Russia's policy. Plans to connect the Silk Road Economic Belt with projects for Eurasian economic integration could make China an important variable in this whole process.
Until Russia’s relations with the West deteriorated, Eurasian integration played second fiddle to its relations ...
... happening now in the EU.
The pace of integration processes in the Eurasian space will depend largely on the instruments that the EEU will be able to use to address the acute dilemmas. Providing security is also a key condition for carrying out China’s Silk Road Economic Belt project across Central Eurasia.
The discussion also covered the issue of interrelation between the EEU and the Silk Road Economic Belt projects, namely whether these projects are complementary or competitive. The report noted that ...