The Eurasian Economic Union as an Element of the Belt and Road Initiative

The New Silk Road, or actually the Belt and Road Initiative (BRI), is a Chinese concept aimed at facilitating international trade between China, Europe and Africa as well as building a new international economic order and security system. More than 60 countries belonging to various economic grouping...

Full description

Bibliographic Details
Main Author: Katarzyna Czerewacz‑Filipowicz
Format: Article
Language:English
Published: Lodz University Press 2019-07-01
Series:Comparative Economic Research
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/CER/article/view/5271
_version_ 1818718370598486016
author Katarzyna Czerewacz‑Filipowicz
author_facet Katarzyna Czerewacz‑Filipowicz
author_sort Katarzyna Czerewacz‑Filipowicz
collection DOAJ
description The New Silk Road, or actually the Belt and Road Initiative (BRI), is a Chinese concept aimed at facilitating international trade between China, Europe and Africa as well as building a new international economic order and security system. More than 60 countries belonging to various economic groupings with different levels of economic development and economic openness have been involved in the BRI. Many branches of the BRI run through the countries belonging to the Eurasian Economic Union (EAEU). This is mainly the Trans‑Siberian corridor, being the northern branch of the Route, which is being developed in the most dynamic way and is the most exploited among all railway connections between China and Europe. In theory, the EAEU and its customs union between Belarus, Kazakhstan and Russia should allow the easy transit of goods between Europe and Asia. Transport infrastructure, much better than in the case of the other BRI railway branches, seems to be an additional advantage. Unfortunately, political and structural factors, as well as the embargo imposed by Russia on many goods originating in Western Europe, significantly limit the possibilities of using this transport route. The aim of the article is to examine the potential of the Eurasian Economic Union as part of the Belt and Road Initiative and assess the possibility of using the transport corridor running through the territory of the EAEU within the BRI. We will also identify the main determinants that will affect the development of transport and logistics corridors running through the EAEU in the future.
first_indexed 2024-12-17T19:49:58Z
format Article
id doaj.art-7db795f7397a4107a15f67c03ce87c42
institution Directory Open Access Journal
issn 1508-2008
2082-6737
language English
last_indexed 2024-12-17T19:49:58Z
publishDate 2019-07-01
publisher Lodz University Press
record_format Article
series Comparative Economic Research
spelling doaj.art-7db795f7397a4107a15f67c03ce87c422022-12-21T21:34:45ZengLodz University PressComparative Economic Research1508-20082082-67372019-07-01222233710.2478/cer-2019-00105271The Eurasian Economic Union as an Element of the Belt and Road InitiativeKatarzyna Czerewacz‑Filipowicz0Bialystok University of Technology, China and Central‑Eastern Europe Institute of Logistics and Service Science, Faculty of Engineering Management, Bialystok University of Technology, Bialystok, PolandThe New Silk Road, or actually the Belt and Road Initiative (BRI), is a Chinese concept aimed at facilitating international trade between China, Europe and Africa as well as building a new international economic order and security system. More than 60 countries belonging to various economic groupings with different levels of economic development and economic openness have been involved in the BRI. Many branches of the BRI run through the countries belonging to the Eurasian Economic Union (EAEU). This is mainly the Trans‑Siberian corridor, being the northern branch of the Route, which is being developed in the most dynamic way and is the most exploited among all railway connections between China and Europe. In theory, the EAEU and its customs union between Belarus, Kazakhstan and Russia should allow the easy transit of goods between Europe and Asia. Transport infrastructure, much better than in the case of the other BRI railway branches, seems to be an additional advantage. Unfortunately, political and structural factors, as well as the embargo imposed by Russia on many goods originating in Western Europe, significantly limit the possibilities of using this transport route. The aim of the article is to examine the potential of the Eurasian Economic Union as part of the Belt and Road Initiative and assess the possibility of using the transport corridor running through the territory of the EAEU within the BRI. We will also identify the main determinants that will affect the development of transport and logistics corridors running through the EAEU in the future.https://czasopisma.uni.lodz.pl/CER/article/view/5271eurasian economic union (eaeu)belt and road initiative (bri)new silk road (nsr)international trade
spellingShingle Katarzyna Czerewacz‑Filipowicz
The Eurasian Economic Union as an Element of the Belt and Road Initiative
Comparative Economic Research
eurasian economic union (eaeu)
belt and road initiative (bri)
new silk road (nsr)
international trade
title The Eurasian Economic Union as an Element of the Belt and Road Initiative
title_full The Eurasian Economic Union as an Element of the Belt and Road Initiative
title_fullStr The Eurasian Economic Union as an Element of the Belt and Road Initiative
title_full_unstemmed The Eurasian Economic Union as an Element of the Belt and Road Initiative
title_short The Eurasian Economic Union as an Element of the Belt and Road Initiative
title_sort eurasian economic union as an element of the belt and road initiative
topic eurasian economic union (eaeu)
belt and road initiative (bri)
new silk road (nsr)
international trade
url https://czasopisma.uni.lodz.pl/CER/article/view/5271
work_keys_str_mv AT katarzynaczerewaczfilipowicz theeurasianeconomicunionasanelementofthebeltandroadinitiative
AT katarzynaczerewaczfilipowicz eurasianeconomicunionasanelementofthebeltandroadinitiative