Current Issues of Trade Cooperation Between the EAEU and China
https://doi.org/10.24833/RJWPLN-2023-3-105-129
Аннотация
The EAEU, as a subject of international law, is engaged in a process of integration cooperation with states. Its interaction with countries is characterized by a variety of forms and, despite drawing on the legal experience of most international organizations, the EAEU chooses its own way. One example of a fruitful partnership, although not unambiguous on some issues, is the cooperation between the EAEU and China. The purpose of this article is to trace the realization of the economic potential of the EAEU and China to create the Silk Road Economic Belt as part of China’s global Belt and Road Initiative. In addition, the article seeks to analyse the interplay of expectations and economic motivations of each of the EAEU member states.
The research uses various documents of an international legal nature, including international treaties, doctrinal sources and the national legislation of foreign countries. The research is carried out with the use of general and special scientific methods. Legal analysis and forecasting are performed using legal modelling methods.
The article provides a comprehensive analysis of the international legal framework of economic cooperation between the EAEU and China and formulates recommendations for improving this mechanism. The overland economic corridors and their correlation with the opportunities of EAEU member states within the framework of the Belt and Road initiative are analysed in detail, as are the results of the participation of each EAEU country in this project. Chinese initiatives, such as the so-called“Digital Silk Road,” and the interests of EAEU member states in this area are also considered. In addition, the author conducts a legal examination of the basic agreements signed between the EAEU and China.
The study of the problems and prospects of cooperation between the EAEU and its member countries allows us to note the systematic nature of the EAEU’s activities in the field of integration interaction with third countries. At the same time, the variety of forms of cooperation allows the EAEU to respond flexibly to the varying degrees to which the countries are ready to simplify trade procedures. The author concludes that, structurally, the process of coupling the EAEU and the Silk Road Economic Belt (SREB) is manifested both in the linkage between the development agendas of the integration initiatives and in cooperation with individual EAEU countries.
The article emphasizes the inefficiency of a bilateral format for the EAEU member states’ accession to the SREB initiative. Considering the legal basis of cooperation between the EAEU and China, the author notes a consistent algorithm of joint actions at the current stage of integration. Nevertheless, for the future it is necessary to develop other formats of international cooperation, which would not be geographically contingent and would ensure effective coordination between different economic blocs of states, including those at different stages (forms) of integration. We should note that the digital agenda of mutually beneficial cooperation is highly relevant for both China and the EAEU countries in the long term.
English translation from the Russian text: Vorontsova N. A. 2023. Sovremennye pravovye voprosy torgovo-ekonomicheskogo sotrudnichestva EAES. Moskovskiy Zhurnal Mezhdunarodnogo Prava [Moscow Journal of International Law]. No. 1. P. 6–28. DOI: https://doi.org/10.24833/0869-0049-2023-1-6-28
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Рецензия
Для цитирования:
. Russian Journal of World Politics and Law of Nations. 2023;2(3):105-129. https://doi.org/10.24833/RJWPLN-2023-3-105-129
For citation:
Vorontsova N.A. Current Issues of Trade Cooperation Between the EAEU and China. Russian Journal of World Politics and Law of Nations. 2023;2(3):105-129. https://doi.org/10.24833/RJWPLN-2023-3-105-129
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