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πŸ‡·πŸ‡ΊπŸ‡¨πŸ‡³ The Russian Far East (RFE) invariably attracts Beijing’s attention.

Chinese researchers do not exclude that the PRC will be able to redirect some transcontinental transit flows through the region, including the Northern Sea Route, as well as form a sustainable resource base which would serve China’s interests in terms of security and development.  For the Celestial Empire, this is especially important in light of the aggravation of relations with Washington and the deterioration of the situation in the East and South China Seas, which is now fraught with the risk of a disruption of sea transport capabilities. Russia’s interest is associated with the establishment of the β€œGreater Eurasian Partnership” as a non-Western vector of integration.

At the same time, it is still too early to talk about any significant role of the RFE, for example, in the Belt and Road project, writes Andrey Gubin, Associate Professor of the Department of International Relations of the Eastern Institute of the Far Eastern Federal University (Vladivostok).

πŸ”— The Belt Without a Road: Difficulties With the Transport Component of Russian-Chinese Cooperation in the Far East

#FarEast #China #BeltAndRoad

@valdai_club β€” The Valdai Discussion Club
πŸ›€οΈ Among the six main land routes, three pass through different regions of Eurasia, clearly indicating the role and place of Eurasia in this transit and transportation megaproject. 

The 3rd Belt and Road Forum for International Cooperation was held between October 17 and 18 in Beijing, China. It marked the 10th anniversary of the Belt and Road Initiative (BRI).

What were the results of the Belt and Road Initiative Summit for transport connectivity in Eurasia? In answering this question, the following key points are important.

1️⃣ First, the conflict in Ukraine, extensive Western sanctions against Russia and transit restrictions splitting Russia from the eastern European Union have had a direct and negative impact on the Northern Corridor of China’s Belt and Road Initiative (BRI).

2️⃣ The second result of the 3rd Belt and Road Forum will be the strengthening of land and rail routes between China and Russia. Although China's transit and trade route to Europe is blocked from Russia amid the conflict in Ukraine, the volume of bilateral trade and transit between Russia and China has increased significantly.

3️⃣ The third result of the 3rd Belt and Road Forum for International Cooperation will be China's investment in infrastructure and new transport and transit technology in Eurasia.

4️⃣ Finally, China's major challenge in advancing the Belt and Road Initiative in Eurasia will be coordinating and combining the goals and interests of this initiative with The International North–South Transport Corridor (INSTC) and also the Eurasian Economic Union (EAEU), Shanghai Cooperation Organization (SCO) and BRICS.

China should be expected to be much more conservative and cautious in lending and investing during the second decade of the Belt and Road Initiative, writes Vali Kaleji.

https://valdaiclub.com/a/highlights/results-of-the-belt-and-road-initiative-summit-for/

#ModernDiplomacy #China #Eurasia #BeltAndRoad

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