... supplies goods, services, infrastructure, capital goods that are necessary for modernization and development. This goes back to the 1800s, when the actual idea was brought out in the United States by the Lincoln Administration for what was then the Transcontinental Railroad. And that was understood: the landmass of the United States would be uplifted economically by having these kinds of transport corridors through the so-called “underdeveloped portions of the nation”. That became the policy of ...
Russia needs to clearly define its long-term priorities and interests within the BRI
President of the People’s Republic of China Xi Jinping and President of the United States Donald Trump met on the sidelines of the G20 Summit in Osaka on June 29 to discuss the resumption of trade and economic talks between the two countries. The United States also promised that it would not introduce additional tariffs on Chinese goods. The world collectively breathed a sigh of relief, as the trade war between...
Results of the SCO summit in Bishkek
Ensuring security and creating favorable conditions for the economic progress of states, regardless of ... ... Afghanistan. In this regard, it is necessary to note the progressive growth of interaction within the Eurasian Economic Union (EAEU), which celebrated its fifth anniversary on the eve of the SCO summit. Let us not forget that four out of eight SCO members ...
... Eurasian Economic Union have concluded negotiations on the substance of the agreement on trade and economic cooperation. The EAEU member states are taking an active role in the construction of the Belt and Road Initiative. Interaction between Chinese ... ... plan on intensifying their economic ties. Active political coordination and a streamlined trade regime will allow Beijing and Moscow to simplify trade and investment procedures, thus taking the bilateral trade and economic relations into a new era. The gradual ...
The future of the SCO may consist in the role of integrator for the efforts of numerous players in the Eurasian political arena
Less than a month ... ... the SCO aimed at a future free trade zone would eventually lead to that organization replacing the Eurasian Economic Union (EAEU) as the key driver of Eurasian integration, thus depriving Russia of the central role in this process.
As a result, the idea ...
... Partnership was initially formulated on December 3, 2015, when the President of Russia in his Address to Federal Assembly proposed to initiate consultations on the formation of an economic partnership between the Eurasian Economic Union member states (EAEU), ASEAN and the Shanghai Cooperation Organization (SCO). Throughout 2016, the concept was repeatedly recited at various multilateral venues, having in effect become the flagship of the Russian initiative to develop the Eurasian integration.”
Luzyanin writes that “the ultimate goal is the approval ...
