Russia Vis-à-Vis the Globe: In Counter-Phase Mode
... Currently, more than 20 countries and blocs have expressed interest in creating an FTA with the Eurasian Economic Union, including the likes of Egypt, Jordan, Thailand and Chile. There are also memoranda signed with trade blocs such as Mercosur and ASEAN on joint cooperation and potential liberalization initiatives. Overall, Russia together with partners from the Eurasian Economic Union is starting from a low base in terms of the number of alliances – currently there are only the FTA accords with Vietnam (2015) and Iran (2018), as well as a non-preferential trade accord with China, reached in 2018. Russia’s momentum in trade negotiations, however, suggests that in the coming years it could play catch-up vis-a-vis developed economies ...
