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Eurasian Economic Union

China backs Putin’s model of Eurasian integration — foreign ministry

Vladimir Putin suggested Eurasian Economic Union begin consultations with countries of the Shanghai Cooperation Organisation and the Association of Southeast Asian Nations on economic partnership

© AP Photo/Mark Schiefelbein

BEIJING, December 4. /TASS/. China supports a model proposed by Russian President Vladimir Putin of the Eurasian integration involving Beijing’s initiative, the Silk Road Economic Belt, China’s Foreign Ministry spokesperson Hua Chunying said on Friday.

"As for the integration of the Eurasian Economic Union (EAEU) and the Silk Road Economic Belt proposed by Russian President Vladimir Putin, the leaders of the two countries have reached consensus on this issue," Chunying said.

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"This is an important strategic step made by the countries of the region for economic cooperation and also for gaining common profit and prosperity," the Chinese diplomat said.

"For achieving greater economic profits for the countries and people of the region, China is ready to work with all the sides, including Russia, to promote regional cooperation based on equality, mutual benefit and consultations as part of the Shanghai Cooperation Organization," she said.

In his state of the nation address on Thursday, Putin invited EAEU colleagues to begin consultations with countries of the Shanghai Cooperation Organisation (SCO) and the Association of Southeast Asian Nations (ASEAN) on establishing economic partnership.

Putin said "this partnership creates new possibilities for Russia for increasing supplies of food, energy resources, engineering, educational, health and tourism services to the Asia-Pacific region and will allow playing a leading role in the formation of new technological markets, and extend major global trade flows to Russia."

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