Sokolova Ol'ga Yur'evna, Doctor of economic sciences, professor, head of the department of world economy and foreign economic management, Saratov Socio-Economic Institute (branch) of Plekhanov Russian University of Economics (89 Radishchev street, Saratov, Russia), firstname.lastname@example.org
Skvortsova Valentina Alekseevna, Doctor of economic sciences, professor, department of economic theory and international relations, Penza State University (40 Krasnaya street, Penza, Russia), email@example.com
Background. Today the Eurasian Economic Union (EAEU) and the Silk Road economic belt (SREB) projects are considered to be the most viable and dynamic both in Eurasia as well as throughout the world. The objective of the research is the analysis of problems and prospects of the collaboration between the EAEU and the SREB.
Materials and methods. The implementation of the research objectives is based on an analysis of the areas of the EAEU and the SREB collaboration: energy cooperation, the creation of transport and logistics space in Eurasia, development of production
networks in the border areas. The article demonstrates that the integration of the EAEU and the SREB would be a multitasking and complex process that, if successful, would provide great opportunities for both sides.
Results. In the article the results of the collaboration between the Eurasian Economic Union and the Silk Road economic belt as a new age of the Eurasian region development are represented. The cooperation between the above projects contributes to so-called the Great Eurasia with the SCO as an institutional unit. For the Central Asian countries the Great Eurasia may become the source of economic growth, for India and Russia – the impetus to reindustrialization, for China – the way to strengthen its geoeconomic situation.
Conclusions. The analysis of problems and prospects of the countries cooperation leads to the conclusion that the Eurasian Economic Union is a unique project reflecting the interests of all countries it includes. In cooperation between the EAEU and the SREB controversy and competing activities of Russia and China in the Central Asia may be reconciled and the new world development centre would created.
Eurasian economic union, EAEU, external economic co-partnership, commodity turnover, trade-economic cooperation
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