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Integration of Russia’s, China’s Eurasian initiatives to reshape entire Eurasia — diplomat

September 04, 2015, 13:29 UTC+3 VLADIVOSTOK
India and Iran "are bound to join this common economic space this or that way in the long run," Russian Deputy Foreign Minister noted
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© ITAR-TASS/Yury Smityuk

VLADIVOSTOK, September 4. /TASS/. Integration of Russia’s and China’s Eurasian initiatives will reshape the entire Eurasian space, Russian Deputy Foreign Minister Igor Morgulov said on Friday at the Eastern Economic Forum in Russia’s Far Eastern city of Vladivostok.

"The projects we are speaking about today, namely the project targeting integration of the Eurasian Economic Union and the Silk Road Economic Belt, are seen as a large-scale, giant, long-term strategic task that, I am sure, will reshape the entire Eurasian space when implemented," he said.

Moreover, India and Iran "are bound to join this common economic space this or that way in the long run," he noted.

"Practical measures have been kicked off to implement the integration tasks set by the leaders of Russia and China," Morgulov said, adding that an ad hoc bilateral working group involving representatives from all Russian and Chinese agencies concerned had been set up. "It is a comprehensive approach. Later on, the group will be split up to maintain dialogues in separate areas," the Russian diplomat noted.

"In term of concept, we have a common view on how to tackle the integration programme," he said. "The matter is that neither we nor the Chinese keep to the "purely accountancy" approach. We don’t mean only transit corridors."

The First Eastern Economic Forum is underway in Russia’s Far Eastern city of Vladivostok. It will finish its work on September 5. The forum will feature presentation of regional investment possibilities and projects.

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