China's Belt and Road Initiative and the Eurasian Economic Union: 'Integrating the Integrations'

Public Administration Issues, No. 5, pp. 7-20, 2018

14 Pages Posted: 9 Mar 2018

Date Written: March 2018

Abstract

China’s Belt and Road Initiative (BRI), officially unveiled in 2013, has been promptly placed among the top priorities of China’s foreign policy. One of the BRI’s cooperation priorities is unimpeded trade, which implies the improvement of the investment and trade facilitation and removal of the recurrent investment and trade barriers. Despite its apparent flexibility and openness to embracing existing regional and multilateral platforms, there has been little debate on the compatibility of the BRI objectives with the existing economic integration projects. The paper is aimed at enriching this debate by addressing the relationship of the BRI with the Eurasian Economic Union (EAEU), a regional economic grouping bringing together several of China’s important BRI partners including Russia and Central Asian countries. The paper addresses the current progress in bridging the two grand economic projects and outlines the priority directions for further coordination between them.

Keywords: Belt and Road Initiative, China, Russia, Eurasian Economic Union, Central Asia, Economic Integration

JEL Classification: P16, P2, F02, F5, F6, K33, N4

Suggested Citation

Svetlicinii, Alexandr, China's Belt and Road Initiative and the Eurasian Economic Union: 'Integrating the Integrations' (March 2018). Public Administration Issues, No. 5, pp. 7-20, 2018. Available at SSRN: https://ssrn.com/abstract=3135044

Alexandr Svetlicinii (Contact Author)

University of Macau - Faculty of Law ( email )

Macau

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