Russian Far East in Chinese Belt and Road Initiative: Prospects and Problems

The article is devoted to the conjugation and harmonizing of Chinese Belt and Road Initiative with Russian-led Eurasian Economic Union focusing on maximal utilizing of Russian Far Eastern part’s capacity for integration purpose. Moscow and Beijing plans obtain new sense and extraordinary importance within the President Putin’s idea of ‘Grand Eurasian Partnership’. It means that both parties are able and thus striving to reshape Eurasian geopolitical and geo-economic landscape according to their respective interests and form so called Grossraum. Considering this, such an integration process is designed as a alternative to the cooperation mechanisms offered by the global West. There is a review of Russian Far East as well as Chinese North-East’s respective capacities for the implementation of the Belt and Road initiative in a given text. However we are to admit that all the efforts made by both Russia and China to develop their respective border territories are still nor coordinated enough. Thus approach of local authorities and government strategies are strongly recommended to be reviewed in a while in order to contribute properly into integration process and achieve synergy effect. Also, one of the tasks of this research is to sum up and analyze all the collected experience of formerly initiated bilateral projects, including negative sides and drawbacks. Besides that, the feasible part of the article is devoted to unveiling all the emerged impediments in trade, investment, industrial and other forms of Sino Russian cooperation. Therefore, potential of border areas deserves a special and thorough attention.

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