How Eurasian Economic Union and Silk Road Can Coexist and Prosper

J. Zhang ()

International Trade and Trade Policy, issue 1

Abstract: The article examines modern integration processes, pointing new trends in Eurasia region, with focus on the Eurasian Economic Union and silk road project; the coexistence of China and Russia in this region. While a new question arises, are Eurasian Economic Union and Silk Road Economic Belt compatible, the views of Chinese scholars on integration processes in the region differ. The author’s view on the Eurasian Economic Union and Silk Road Economic Belt is that cultural dialogue and people-to-people communication are not less important than trade and economy. We cannot underestimate that historically, the heartland in Eurasia was the most dynamic and prosperous region in the global economic landscape. Both Russia and China attaches great importance to Central Asia, progress in either mechanism or proposal will be conductive to strengthening the relationship between the Central Asian countries and two neighbouring countries in the epoch of globalization and international integration.

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