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EAEU and China: Agreement on Trade and Economic Cooperation Facilitates Trade Procedures

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No. 11, pp. 11-14

4 Pages Posted: 19 Jul 2018

See all articles by Tatiana Flegontova

Tatiana Flegontova

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Economics of Natural Monopolies

Timur Aliev

Russian Foreign Trade Academy

Date Written: June 27, 2018

Abstract

The agreement on trade and economic cooperation between EAEU and China signed in May has a non-preferential nature. Due to the fact that a number of EAEU members are not prepared yet to liberalize their markets for Chinese goods and investments, the development of a fully-fledged free trade zone between them seems to be unlikely so far. Nevertheless, the signed agreement could promote an increase in efficiency of mutual cooperation between EAEU and China, facilitate, for example, trade procedures and transparency.

Keywords: Russian economy, EAEU, China trade and economic cooperation

JEL Classification: F13, F15

Suggested Citation

Flegontova, Tatiana and Aliev, Timur, EAEU and China: Agreement on Trade and Economic Cooperation Facilitates Trade Procedures (June 27, 2018). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No. 11, pp. 11-14, Available at SSRN: https://ssrn.com/abstract=3203303 or http://dx.doi.org/10.2139/ssrn.3203303

Tatiana Flegontova (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Economics of Natural Monopolies ( email )

Russia

Timur Aliev

Russian Foreign Trade Academy ( email )

Pudovkina str, 4a
Moscow, 119285
Russia

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