... Union Meeting, aimed at strengthening relations between the blocs, renewing political ties, further reinforcing cooperation mechanisms and fostering economic relations”.
The more complicated steps will involve the incorporation of Asia, most notably China, into the common South-South FTA platform. The difficulty emanates from the fragmentation of the regional integration patterns in Asia as well as the asymmetries in terms of size: Asia accounts for over 80% of the Global South total GDP, while China alone accounts for well over a ...
... arrangements and their development institutions where BRICS countries are members. Such a platform could have the BEAMS concept as its core — namely cooperation among the key regional integration initiatives of BRICS economies such as BIMSTEC, EAEU, ASEAN-China FTA, Mercosur and SADC/SACU. This circle of cooperation could be
complemented
by platforms between regional development banks/regional financing arrangements and NDB/BRICS CRA respectively.
One of the ways to upgrade/modernize this BRICS+ concept into ...
... defines promising areas for developing cooperation, such as agriculture, energy, transportation, industrial cooperation, information and communications infrastructure, technologies and innovations, finance and the environment.
The issue of establishing an FTA with China has been discussed for many years, since 2006, when Beijing first proposed it to SCO states. The EAEU has adopted a cautious stance, since “the principal risk lies in the fact that China’s economic power will make China the main beneficiary ...
