Close
By Elkhan Nuriyev, PhD, Eastern Europe-Global Area (EEGA) fellow at Leipzig University
For Russia, China’s Belt and Road Initiative is less of a threat than an opportunity. Moscow is receptive to the BRI’s ability to help create a multipolar world as it bolsters China’s global stance to counterbalance American hegemony. The Kremlin also views the BRI as a means to attract Chinese investment and foster renewed Russian influence over the European Union’s eastern zone. One of the important buckles of the Silk Road Economic Belt – the overland component of China’s ambitious Belt and Road Initiative (BRI) – is the Eastern Partnership (EaP) region, which represents an essential link between Asia and Europe. Developing this stage means enhancing commercial relations with six partner countries and an infusion of investment funds in several emerging-market economies. READ MORE
0 Pros
0 Cons
Comments 0