China and the EAEU countries
Strategy and new opportunities for trade and investment cooperation
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translation: China and the EAEU countries - Strategy and new opportunities for trade and investment cooperation
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The main threat to the recovery of the economies of the countries of the Eurasian Economic Union (EAEU) is isolation within the national markets, said Andrey Slepnev, member of the board (minister) for trade of the Eurasian Economic Commission. He stated this during the video forum "Conjugation of the EAEU and the Chinese initiative" One Belt, One Road ".
China is a key trading partner for the EAEU countries. In 2020, China's share in mutual trade reached $ 79 billion in January-August, or 20%. “Cooperation between the Eurasian Union and the People's Republic of China can create new opportunities for the implementation of huge and important transnational projects through, among other things, Eurasian reintegration and its integration with the Belt and Road Initiative. We see prospects here in smart technologies, digital technologies, simplification of the regulation of mutual trade, digitalization, remote technology for the provision of services and infrastructure development. "
