Eurasia in Russian Foreign Policy: Interests, Opportunities and Constraints

... circumstances. Potentially, a successful integration might reduce transaction costs between member states and thereby make their economies more efficient. Greater cooperation with China marked another important dimension of Russia's policy. Plans to connect the Silk Road Economic Belt with projects for Eurasian economic integration could make China an important variable in this whole process. Until Russia’s relations with the West deteriorated, Eurasian integration played second fiddle to its relations with the European Union. Convergence with ...