... secure communication challenges etc. Nurturing hopes for stability and prosperity in Eurasia in the post pandemic world, bilateral relations between India and Russia and their proactive role in regional mechanisms such as SCO, Eurasian Economic Union (EAEU), and Russia-India-China (RIC) are viewed as an integral part of this construct. Regional connectivity needs due attention including the successful execution of alternative economic corridors and maritime trade corridors.
In conclusion, the signing ...
... integrate into the regional economic cooperation process to be able to gain access to the world market. Moreover, Mongolia is in need to establish free trade with countries or unions with a strong economic performance.
Stylized facts about Mongolia-EAEU trade and economic relations
For Ulaanbaatar, a promising free trade agreement could be with the Eurasian Economic Union (EAEU).The Eurasian Economic Union, founded in 2015 by the five post-Soviet states Armenia, Belarus, Kazakhstan, Kyrgyzstan, ...
_ Yuri Kofner, junior economist, MIWI – Institute for Market Integration and Economic Policy. Munich, 4 October 2020.
The EAEU should offer public goods
The Eurasian Economic Union (EAEU) is primarily a customs union and a common market for the free movement of goods, services, capital, and labor. The main task of the EAEU is the so-called “negative integration”, i.e....
... that underlie this initiative and set it apart from other plans of Eurasian unification. Let us list of the most important of these principles.
First, the Partnership is not viewed as a potential competitor for regional integration structures (ASEAN, EAEU, RCEP) or trans-border economic projects (BRI) or organizations (the SCO, APEC, ASEM). On the contrary, all of those structures, projects and organizations are seen as nodes and individual parts of the future single Eurasian economic mechanism. The ...
... power shift in the European Council, together with the need to compensate for the economic and geopolitical damage caused by Brexit, could re-open the possibility of closer trade and economic cooperation between the EU and the Eurasian Economic Union (EAEU) under the so-called "Wider Europe from Lisbon to Vladivostok” - concept.But due to the Ukraine crisis and the tensions between Russia and the West, relations between the European Union and the Eurasian Economic Union have had no chance to ...
... Eurasia’s regional development institutions, namely regional development banks and regional financing arrangements. Such a pragmatic platform may prove to be more feasible than the building of a platform for regional integration arrangements such as the EU, EAEU and ASEAN. While a platform for Eurasia’s regional integration arrangements may well be attained in the distant future in line with visions such as the Greater Eurasian Partnership, a more realistic and near-term prospect could be the formation ...
While strengthening international cooperation is crucial, Russia needs to complement law enforcement with a softer approach for the demand side of the drug trade at home
The Afghan drug trade supplying the Russian market has fuelled conflict, corruption, and instability in the region, provided financial support to terrorist organisations and led to a devastating addiction and HIV epidemic in Russia. How can this fight be won? While strengthening cooperation with its Central Asian neighbours will...
In Russia, be it Russian President Putin, be it former Soviet Prime minister Primakov and his advisor Dr. Kulikov (Russia-India-China model/RIC), be it Karaganov, be it even Dr. Kortunov (RIAC), or the Russian Orientalists, Eurasianism is quite en vogue and not only by its former avangardist Alexander Dugin. Especially Dr. Kortunov in his article "Heartland Reunion: Geopolitical Chimera or Historical Chance?” revitalized the idea of Mackinder's paradigm, according to which who controls the Eurasian...
Munich, 7 July 2020. - The hypothetical adoption of a single currency in the Eurasian Economic Union (EAEU), either a Eurasian one ("Altyn") or the Euro, would “not be worth it”, since the potential welfare effects for the EAEU from lower currency exchange transaction costs in intra-union goods trade would range at best between 0.1 and ...
Alexey Gromyko provides a Russian perspective on the impacts of the current pandemic on our globalised world
Humanity is currently facing some of the most profound changes we have seen in generations, presenting us with challenges and opportunities to reassess long-held concepts, structures, and ways of being. One of the most debated topics of the past few decades has been globalisation, which has followed a particular path shaped by the interests of a global order that was already shifting prior...
