..., FDI stock originating from 12 Asian countries (China, Japan, Turkey, India, Israel, Mongolia, Republic of Korea, Saudi Arabia, the UAE, Iran, Singapore, and Vietnam) has increased from $32 billion in 2008 to $75.6 billion in the beginning of 2017.
China continues to expand its economic presence in EAEU countries and other CIS states, retaining its leadership among Asian countries in terms of FDI stock in the region. At the end of 2016, FDI stock accumulated by Chinese TNCs in the five EAEU countries, Azerbaijan, Tajikistan, and Ukraine amounted ...
... the Eurasian project will have to do a lot of internal work. What is more, it could be irrational to get distracted by a full-scale dialogue with a neighbour as difficult as the EU. After all, the priority for now is an extensive dialogue between the EAEU and China (Ibid).
Apart from political uncertainty, there are a lot of economic difficulties. Firstly, it is unclear how a single major agreement can provide for the operation of the Greater Eurasia project. Evgeny Vinokurov, Director of the Center for Integration ...
... countries pursue their national interests, new alliances are emerging and the global order is in a flux. Indian so-called strategic partnership with the U.S is an example in which New Delhi has latched on to Washington’s weakness to contain a rising China and resurgent Russia. In order to gain balance in Asia-Pacific region, the U.S. has formed an axis with India and has sidelined its traditional nuclear non-proliferation goals as a quid pro quo to appease New Delhi. Instead of taking seasoned counsel ...
... goods from China and to create an opportunity for post-Soviet countries to restart their own industrialization programs. That is why the Eurasian integration union is not being favorably disposed towards the idea of a full-scale free trade zone between EAEU and China, something that is widely supported in Beijing. There is another issue, as Moscow is in favor of a unified position of EAEU countries in terms of cooperation with China and is therefore encouraging them to act like a “single front.” Beijing ...
... they support EU initiatives aimed at diversifying infrastructure away from Russia. The majority of states in the region are now members of the Eurasian Economic Union (EAEU) which has its own legal and regulatory base. When investing in Central Asia, China should work within the EAEU framework and conform to its legal and technical standards. As one Russian expert put it, China can provide the economic content to fill the institutional framework provided by the EAEU (Bordachev, 2016). The idea of China promoting its own standards ...
... major challenge is institutional in nature. Russia has established the Eurasian Economic Union (EAEU), a multilateral grouping aimed at economic integration. It is comprised of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Although Russia and China joined an agreement for greater cooperation between EAEU and SREB in May 2015, the prospects for true partnership between the two institutions emerging appear distant at present. The sticky issue is harmonisation of border control, customs regime and (importantly) the granting of Free Trade Area status ...
... Department of the London Center for European Reform.
On March 28, the RIAC hosted a roundtable with Ian Bond, Director of the Foreign Policy Department of the London Center for European Reform.
I. Bond presented the newly released report "
Russia and China: partners of choice and necessity?
" And two political overviews "
Contested space: Eastern Europe between Russia and the EU
" and "
The EU, the Eurasian Economic Union and One Belt, One Road: Can they work together?
"
...
... experts exchanged opinions on a broad range of international relations issues and discussed prospects for further cooperation.
In addition, Russian delegation visited the CCTV-Russian TV Channel and gave detailed interviews and short comments on the EAEU–SREB co-development, construction of the bridge connecting Blagoveshchensk and Heihe, as well as Russia-China cooperation in sport.
On May 29–30, 2017, RIAC holds the Third International Conference “Russia and China: Taking on a New Quality of Bilateral Relations”. RIAC expects the event to become the next step in strengthening Russia-China ...
