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
Date Written: June 27, 2018
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: Suggested Citation