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21 of June, 20:02

Skidelsky: Russia and China build a unified Eurasia, leaving the West behind
The economic and political situation in the world is such that the idea of Eurasian integration was given a new chance, writes a member of the house of lords of the British Parliament, economist Robert Skidelsky in the publication, published by the newspaper.

On the one hand, the financial crisis of 2008-2009 and political catastrophe in the middle East has dealt a blow to the arrogance of the West. With reverse, clashed desire 2 potential builders of Eurasia - Russia and China, stressed the Creator.

The West has ensured that the two former enemy together want to remove it from the development of the region. The US missed the opportunity to integrate the Russian Federation and China-in the global system and both countries are looking for alternative to each other, says the Creator of the article.

China seeks to redirect the flow of investment and exports to Eurasia and to get the fresh markets. Russia, participating in large-scale transport and construction projects in Eurasia, will be able to revive its industrial and power engineering ". In China, it will also find a growing market for energy exports.

This year, Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan joined the Eurasian economic Union. In may, Chinese and Russian leaders announced the decision to "dock" the Eurasian Union project With Chinese "silk road" that will give the opportunity to make a huge free trade zone between China, Europe, middle East and Africa.

Russia and China feel "surrounded" by the USA and its allies, according to the publication. China informs about the need to respect " the modes of development chosen by different countries, and in Russia of anti-American rhetoric has intensified in the background of the Ukrainian fall, which for the capital of Russia is a Prime example of Western intervention, writes the Creator.

The increase in trade flows between Russia and China, coordination and security policy will reduce the vulnerability of the capital of Russia and Beijing to external interference and signal the emergence of a new center of world power, says Robert Skidelsky.

The idea of building a new " silk road ", which is required to connect China with Europe and strengthen ties With Asia and Africa, the President of the PRC XI Jinping put forward in 2013. The story is about the creation of a trade corridor for direct procurement of items From East to West on concessional terms. China hopes in the implementation of the proposal to make the transport network from the Pacific ocean to the Baltic sea, to reduce barriers to trade and investment and make wider system of settlements in national currencies.


The Eurasian economic Union (EEU) is an economic Union, in the framework of Eurasian integration From 1 January 2015, is created on the base of the Customs Union of Russia, Kazakhstan and Belarus. Cooperation in the sphere of inter-state integration in the economic sphere in the post-Soviet space has been underway Since late 1990-ies. February 26, 1999, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan signed the agreement on the Customs Union and the common economic space.
All the news about the Eurasian integration project


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