Cross-border trade in energy resources: Features of the Central Asian region

The article is related to the role and place of the Central Asian region in a cross-border energy resources trade at present stage. On the one hand, there are two countries in Asia, which are in the list of the world’s largest importers of energy resources - India and China. On the other hand, the C...

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Main Authors: Konstantin A. Korneev, Liudmila A. Pechishcheva
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2022-12-01
Series:RUDN Journal of Economics
Subjects:
Online Access:https://journals.rudn.ru/economics/article/viewFile/32148/21192
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author Konstantin A. Korneev
Liudmila A. Pechishcheva
author_facet Konstantin A. Korneev
Liudmila A. Pechishcheva
author_sort Konstantin A. Korneev
collection DOAJ
description The article is related to the role and place of the Central Asian region in a cross-border energy resources trade at present stage. On the one hand, there are two countries in Asia, which are in the list of the world’s largest importers of energy resources - India and China. On the other hand, the Central Asian countries (with the exception of Kyrgyzstan and Tajikistan) and Russia are net energy exporters, herewith this kind of export is all-important for their macroeconomic stability. It is not surprising that the problems of organizing mutually beneficial trade in energy resources throughout the Central Asian region are among the most urgent issues for all interested parties’ agenda. So, the analysis and assessment of the energy component of cooperation between the Russia, Central Asian states, China and India lies in the focus of the article. Of course, India is not directly integrated into the energy architecture of the Central Asian space, but its large domestic market is one of the drivers of energy supplies growth. Therefore, it is advisable to consider India as an external actor that has a significant impact on the ongoing processes. Current practice of multilateral participation shaping the energy dialogue can also have a great importance in the geopolitical context - as a factor of either additional cohesion or increasing contradictions in the given region.
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spelling doaj.art-8a80b97e920d42048acf9e985ace70992022-12-22T04:29:23ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Economics2313-23292408-89862022-12-0130334335710.22363/2313-2329-2022-30-3-343-35720967Cross-border trade in energy resources: Features of the Central Asian regionKonstantin A. Korneev0https://orcid.org/0000-0003-3930-6309Liudmila A. Pechishcheva1Institute of China and Contemporary Asia of the Russian Academy of Sciences (ICCA RAS)Russian State University for the Humanities (RSUH)The article is related to the role and place of the Central Asian region in a cross-border energy resources trade at present stage. On the one hand, there are two countries in Asia, which are in the list of the world’s largest importers of energy resources - India and China. On the other hand, the Central Asian countries (with the exception of Kyrgyzstan and Tajikistan) and Russia are net energy exporters, herewith this kind of export is all-important for their macroeconomic stability. It is not surprising that the problems of organizing mutually beneficial trade in energy resources throughout the Central Asian region are among the most urgent issues for all interested parties’ agenda. So, the analysis and assessment of the energy component of cooperation between the Russia, Central Asian states, China and India lies in the focus of the article. Of course, India is not directly integrated into the energy architecture of the Central Asian space, but its large domestic market is one of the drivers of energy supplies growth. Therefore, it is advisable to consider India as an external actor that has a significant impact on the ongoing processes. Current practice of multilateral participation shaping the energy dialogue can also have a great importance in the geopolitical context - as a factor of either additional cohesion or increasing contradictions in the given region.https://journals.rudn.ru/economics/article/viewFile/32148/21192the central asian regionexporters and importersenergy resources tradeenergy diplomacymultilateral cooperationgeoeconomic issues
spellingShingle Konstantin A. Korneev
Liudmila A. Pechishcheva
Cross-border trade in energy resources: Features of the Central Asian region
RUDN Journal of Economics
the central asian region
exporters and importers
energy resources trade
energy diplomacy
multilateral cooperation
geoeconomic issues
title Cross-border trade in energy resources: Features of the Central Asian region
title_full Cross-border trade in energy resources: Features of the Central Asian region
title_fullStr Cross-border trade in energy resources: Features of the Central Asian region
title_full_unstemmed Cross-border trade in energy resources: Features of the Central Asian region
title_short Cross-border trade in energy resources: Features of the Central Asian region
title_sort cross border trade in energy resources features of the central asian region
topic the central asian region
exporters and importers
energy resources trade
energy diplomacy
multilateral cooperation
geoeconomic issues
url https://journals.rudn.ru/economics/article/viewFile/32148/21192
work_keys_str_mv AT konstantinakorneev crossbordertradeinenergyresourcesfeaturesofthecentralasianregion
AT liudmilaapechishcheva crossbordertradeinenergyresourcesfeaturesofthecentralasianregion