Economics from the right

The Eurasian Economic Union is already becoming an important pole in Greater Eurasia

October 22, 2017
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October 10, 2017 in the "Holiday Inn Moscow Lesnaya" hotel an international scientific and practical round table "Greater Eurasia: Challenges and Prospects" was held. The event was organized by the Eurasian Sector, CCEIS, Higher School of Economics. The moderator of the discussion was the head of the sector Yuri Kofner.Representatives from countries such as Russia, Ukraine, Georgia, Armenia, Thailand and Germany took part in the event (either physically or by video bridge); as well as from such universities as: HSE, MGIMO, Moscow State University, Ludwig-Maximilian University (Munich), KFU and Orenburg State University. The discussions were conducted both in Russian and in English.The concept of the common space from Lisbon to Vladivostok, the project of the Great Eurasian Partnership, along with the North-South transport corridor, became the main topics of the round table.Great attention was paid by the German participants of the discussion to the concept of an EU - EAEU common economic space.Their arguments can be resumed as follows: 1. European business is extremely interested in the creation of a common space between the EU and the EAEU. 2. The problem lies in the political unwillingness of Brussels under US influence to recognize the Eurasian Union as a subject of international law, which is very upsetting to European entrepreneurs. However intellectual preparations of a potential "mega deal" are already spearheaded by research done at IIASA (Laxenburg, Austria). 3. Negotiations should be conducted not between the EU and Russia, but between Brussels and the Eurasian Economic Commission. 4. In the geo-economic sense, this common economic space is necessary for both parties primarily as a union of European capital and technology with Eurasian resources and human capital. Only such an alliance can be competitive in the 21st century. 5. In spite of the possible compromises, the interests of modernization, industrialization and integration of the economies of the EAEU Member-States should be a priorit for the EEC. 6. The Lisbon to Vladivostok concept should be seen not as an alternative, but rather as part of the Greater Eurasian Partnership idea.June 2, 2016 at the plenary session of the SPIEF, Vladimir Putin and Nurzultan Nazarbayev officially announced their far-reaching plans that see the Eurasian Economic Union as one of the centers of the formation of a broader integration path. And they gave it the name of "Greater Eurasia"."Greater Eurasia" is both, a) the linkage of integration processes and various forms of trade-economic, investment and transport-energy cooperation between the Eurasian Economic Union and states or economic blocs of the whole continent of Eurasia from the Atlantic and Arctic oceans in the north and west to the Pacific and Indian oceans in the east and south.The Eurasian Economic Union is a young integration organization. The round table showed that it, nevertheless, is already becoming an important pole of the the economic architecture of a common space from Lisbon to Shanghai.At the end a lively discussion took place and Yuri Kofner revealed important news. On his initiative at the World Festival of Youth and Students in Sochi, delegates of pro-Eurasian NGOs will discuss the creation of a new international public organization "Greater Eurasia", which will be built on a network type.
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