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EAEU-China cooperation taken to practical dimension — Duma speaker

October 06, 2015, 10:59 UTC+3 ASTANA
Russia’s State Duma speaker added that "Russia as the largest Eurasian power was interested in deepening integration processes in the Asia-Pacific region"
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Eurasian Economic Outlook international forum

Eurasian Economic Outlook international forum

© Alexandr Shalgin/Russia's parliament press service/TASS

ASTANA, October 6. /TASS/. Cooperation between the Eurasian Economic Union (EAEU) and China on conjugating the integration processes and the Silk Road economic belt is being taken to a practical dimension, Russia’s State Duma speaker Sergey Naryshkin told the Eurasian Economic Outlook international forum on Tuesday.

"All EAEU member-countries expressed readiness to take part in the Eurasian-Chinese project, and this cooperation is being taken to a practical dimension," he said.

According to the speaker, "the project opens up entirely new prospects for the implementation of major joint projects within the framework of the Eurasian economic integration. "We are talking, above all, about the EAEU-China cooperation in the interests of an early conclusion of an agreement on the trade and economic cooperation in this format," he added.

Naryshkin added that "Russia as the largest Eurasian power was interested in deepening integration processes in the Asia-Pacific region." "And we are becoming more and more actively involved in them. Moreover, considering the fact that the Eurasian Economic Union is a priority for us, we focus on the complementarity of integration projects, which should produce a strong multiplier effect," Naryshkin said.

Presidents of Russia and China Vladimir Putin and Xi Jinping signed on May 8 a statement on cooperation within the framework of the Silk Road economic belt.

The statement provides for conjugating the creation of the Eurasian Economic Union and the Silk Road economic belt, which implies, according to Putin, "the common economic space on the whole Eurasian continent."

The Silk Road economic belt is a project of creating the transport, energy and trade corridor between Asia and Europe. The idea was put forward by Chinese President Xi Jinping in September 2013.

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