... sufficient scope to create a platform for bringing the standards in national and regional ETS systems into greater conformity, writes Valdai Club Programme Director Yaroslav Lissovolik.
Across the continent Eurasia, major constituencies such as the EU, China and Russia are forging ahead with their plans to develop an emissions trading system (ETS). The system works by putting a limit on overall emissions which is reduced each year. Within this limit, companies can buy and sell emission allowances – ...
... increasingly believes that the EU is undergoing irreversible changes as a result of which it will never again have the clout it had fifteen to twenty years ago.
Back then, it seemed that the EU would become a global player on par with the United States and China and come to unilaterally shape not only Europe but also much of Eurasia. It is now clear that such a goal is unfeasible: not just in Eurasia but in Europe too, where it has become possible to envision alternative means of organizing the continent’s political-economic space.
When it comes ...
... towards India and the Persian Gulf region via Azerbaijan.
The Eurasian Economic Union (EEU) Commission and Beijing are discussing concrete ways to integrate the Silk Road project with the EEU and create a non-preferential free trade area between the Eurasian Economic Union and China. A similar agreement has been signed with Vietnam. Almost forty other countries are wishing to set up such areas with the EEU.
A series of agreements between Japan and Russia on economic cooperation in the Far East and on Kurile Islands became ...